Why LEEF Brands' Stock Is Up 25% Today And A Look At Cannabis Earnings: Glass House, Charlotte's Web, AFC Gamma
LEEF Brands and Glass House Partnership: LEEF Brands' stock surged nearly 25% after announcing a management services agreement with Glass House Brands, which will enhance LEEF's supply chain security while allowing Glass House to expand its retail reach without significant capital investment.
Financial Performance of Cannabis Companies: Glass House reported a 49% revenue increase in Q1 2025, Charlotte's Web achieved its first year-over-year revenue growth since 2021, and Advanced Flower Capital focused on reducing exposure to distressed borrowers despite a slight dip in share value.
Trade with 70% Backtested Accuracy
Analyst Views on AFCG
About AFCG
About the author

Financial Performance: Advanced Flower Capital Inc. reported a GAAP net loss of $(12.5) million for Q3 2025, with Distributable Earnings of $3.5 million, equating to $(0.57) and $0.16 per share, respectively.
Conversion to BDC: Shareholders approved the company's conversion from a mortgage REIT to a business development company (BDC), allowing AFC to expand its investment scope beyond real estate-backed loans.
Dividend Payment: The company paid a cash dividend of $0.15 per common share for Q3 2025 to shareholders of record as of September 30, 2025.
Future Outlook: AFC's management expressed optimism about identifying lending opportunities in the lower-middle market, which they believe can yield attractive risk-adjusted returns for shareholders.

Shareholder Meeting Announcement: Advanced Flower Capital Inc. (AFC) has scheduled a special meeting for shareholders on November 6, 2025, to vote on proposals necessary for its conversion from a real estate investment trust (REIT) to a business development company (BDC).
Board Recommendations: The AFC Board of Directors unanimously recommends that shareholders vote "FOR" the proposals, which include a new investment advisory agreement and the application of reduced asset coverage requirements, to facilitate the strategic shift and enhance portfolio diversification.
Quarterly Dividend Announcement: Advanced Flower Capital Inc. declared a quarterly dividend of $0.15 per share for the quarter ending September 30, 2025, payable on October 15, 2025, to stockholders of record on September 30, 2025.
Distributable Earnings Definition: The company uses "Distributable Earnings," a non-GAAP financial measure, to evaluate performance excluding certain transactions and adjustments, which helps assess its ability to pay dividends.
Earnings Performance: Armour Residential REIT (ARR) reported quarterly earnings of $0.77 per share, missing expectations and down from $1.08 a year ago, with revenues also falling short at $33.11 million compared to estimates.
Market Outlook: The stock has underperformed this year, losing 11.6% while the S&P 500 gained 7.3%, and its future performance will depend on upcoming earnings estimate revisions and industry trends, currently holding a Zacks Rank #3 (Hold).

Financial Results Announcement: Advanced Flower Capital Inc. (AFC) will release its second-quarter financial results on August 14, 2025, with a management review scheduled for 10:00 am ET via webcast.
Company Overview: AFC is a commercial mortgage REIT that provides loans to compliant cannabis operators in the U.S., focusing on loans secured by real estate assets and cash flows.








