Donation will help Georgia-based nonprofit uplift under-resourced
communities across the Metro Atlanta area
WEST
PALM BEACH, Fla., Dec. 5, 2022
/PRNewswire/ -- AFC Foundation, a nonprofit organization that was
established by the management team of the Advanced Flower Capital
platform ("AFC"), seeks to collaborate with the companies that AFC
works with to give back and support communities in states in which
they operate. AFC is a financing platform to the cannabis industry
that includes, among other funds, AFC Gamma, Inc. (Nasdaq:AFCG), a
Nasdaq-listed real estate investment trust.
AFC Foundation is thrilled to announce that it has donated to
the Corners Outreach nonprofit organization in Georgia. This donation marks AFC Foundation's
latest charitable contribution to a service-based organization.
Previously, AFC Foundation has supported Pennsylvania Court Appointed Special Advocates
Association ("PA CASA"),
Yo Soy Ella and The Weldon
Project.
"The evolution of the cannabis industry is heavily reliant on
the health of the communities in which the businesses operate. As a
result, it is imperative that we work to improve these communities
and invest in their future endeavors," said Robyn Tannenbaum, President of AFC Foundation
and a co-founder of AFC. "We are proud to continue our efforts to
enact social change. More importantly, we are excited to support an
organization like Corners Outreach that works to improve education
and career opportunities for families."
Corners Outreach is a nonprofit organization that strives to
equip Metro Atlanta's underserved students of color and their
families with the tools needed to lead full lives through
educational development and economic opportunities.
"We are thrilled to learn that AFC Foundation has identified
Corners Outreach as a worthy charity and appreciate their support.
With this donation, we will continue integrating ourselves in the
communities in which we operate and strengthen the programs we use
to support marginalized communities throughout the greater
Atlanta area," said Corners
Outreach President and CEO Larry
Campbell.
About AFC Foundation
AFC Foundation, a nonprofit organization established by the
management team of the Advanced Flower Capital platform,
collaborates with cannabis operators that have received funding
from the AFC platform to give back and support communities in
states in which they operate. AFC Foundation looks forward to
highlighting the nonprofit organizations that it supports.
About AFC Gamma
AFC Gamma, Inc. (Nasdaq: AFCG) is an institutional lender that
provides a range of lending solutions to established operators in
the cannabis industry. AFC Gamma originates, structures and
underwrites senior secured loans and other types of financing to
operators in states that have legalized medicinal and/or adult-use
cannabis. AFC Gamma's senior management team has over 100 years of
combined experience in investment management and disciplined credit
investing across a range of economic cycles.
AFC FOUNDATION CONTACT:
Jim
Velgot
Director of Outreach
561-510-2390
jvelgot@advancedflowercapital.com
AFC FOUNDATION MEDIA CONTACT:
Mark Sinclair
MATTIO Communications
mark@mattio.com
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SOURCE AFC Foundation