AFC Gamma Provides $41 Million Loan to Story Cannabis in Maryland

Monday, 7 October 2024, 09:19

AFC Gamma has granted a significant $41 million loan to Story Cannabis, enhancing operations in Maryland. This partnership focuses on maximizing growth potential within the state’s cannabis market while providing essential support. Story of Maryland aims to expand its offerings and solidify its place in the cannabis landscape.
Greenmarketreport
AFC Gamma Provides $41 Million Loan to Story Cannabis in Maryland

AFC Gamma has successfully issued a $41 million loan to Story Cannabis, aimed at boosting its operations in Maryland. Story's Maryland division, Story of Maryland, is poised to leverage this funding to enhance growth and expand its product offerings in the rapidly developing cannabis market.

Expansion of Operations

The funding will directly facilitate:

  • Increasing product availability
  • Enhancing supply chain logistics
  • Improving customer experience

Importance of the Loan

This significant financial boost from AFC Gamma not only underscores the growing interest from investors in the cannabis sector but also reflects the potential of the Maryland market. As laws evolve, this investment positions Story Cannabis favorably for future growth.


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