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Standard Wellness received $14M facility from AFC, retires other debt - Cannabis News World

Summary by Cannabis News World

The company plans to use the funds to refinance existing debt and expand with a new Missouri dispensary license. The post Standard Wellness received $14M facility from AFC, retires other debt appeared first on Green Market Report.

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Cannabis News World

Standard Wellness received $14M facility from AFC, retires other debt - Cannabis News World

8 hours ago

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pressreach.com

Standard Wellness Secures $14 Million Credit Facility from Advanced Flower Capital Retiring Existing Debt and Accelerating Strategic Growth Initiatives - PressReach

CLEVELAND, April 3, 2025 /PRNewswire/ — Standard Wellness Holdings, LLC (“Standard Wellness”), a leading vertically integrated cannabis company, today announced the successful closing of a $14 million senior secured credit facility with Advanced Flower Capital Inc. (NASDAQ: AFCG) (“AFC”). This strategic financing will be utilized to refinance existing debt, including the full repayment of the company’s debt facility with Focus Growth Capital Par…

11 hours ago

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mg Magazine – Cannabis News & Information

Advanced Flower Capital Provides $14 Million Secured Credit Facility to

WEST PALM BEACH, Fla. — Advanced Flower Capital Inc. committed to a $14 million senior secured credit facility to various subsidiaries of Standard Wellness Holdings, a privately held multi-state operator of cannabis cultivation, processing, and retail facilities. $10.5 million of the senior secured credit facility was funded at close. Standard Wellness intends to use the proceeds from the loan to acquire a dispensary in Missouri, relocate a disp…

1 day ago

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newsbudz.com

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Green Market Report

Standard Wellness received $14M facility from AFC, retires other debt

Standard Wellness Holdings LLC secured a $14 million senior secured credit facility from Advanced Flower Capital (NASDAQ: AFCG), the companies announced Thursday. The vertically integrated cannabis company will use the funding to refinance existing debt, including full repayment of its debt facility with Focus Growth Capital Partners and early repayment of... Please login to read all 283 words.

1 day ago

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