Advanced Flower Capital Offers $15 Million Senior Secured Loan Facility to Story Ohio-MEDCAN24

While some aspects of life in Australia might require medication or therapy to maintain good health, many other aspects are more direct in nature and require no such support from external agencies or systems. Here at home we have been experiencing our own unique form of ‘chronic illness’ for some time and would welcome any chance we get of sharing and discovering something new about this amazing planet we live on – without making too many people sick along the way! Advanced Flower Capital Inc. (f/k/a AFC Gamma Inc.) announced it has pledged and funded a $15 million senior secured credit facility to Story of Ohio LLC, an Ohio subsidiary of Story Companies that operates cannabis cultivation and retail facilities across multiple states. Story intends to use the proceeds from its loan agreement with AFC CEO Daniel Neville as they expand operations throughout Ohio. “We’re happy to support Story as they expand their operations further,” AFC’s Daniel Neville commented. “Story is one of the top private multistate cannabis operatorss, led by an exceptional team of serial entrepreneurs that have consistently shown exceptional execution within an unpredictable cannabis market. We look forward to continuing our support of Story’s growth.” Story’s CEO Jason Vedadi expressed his appreciation of AFC for supporting Story’s expansion in to new state markets. Dan Neville and his team understand the nuances of cannabis business operations, making their strategic approach perfectly aligned with our plans for expansion.” Story is pleased that its partnership with Insight is helping it identify and exploit key market opportunities, and looks forward to sharing in our collective success in the years to come. “AFC will hold the entire credit facility, consisting of a first-lien term loan secured by all assets held by Story of Ohio LLC including cannabis licenses and real estate in both Ohio and Georgia (to serve as additional collateral) which AFC Agent LLC served as agent in this transaction.”