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Advanced Flower Capital (AFCG) investor relations material
Advanced Flower Capital AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting commenced virtually at 9:31 A.M. Eastern Time on May 28th, 2026, with introductions of key executives and board members.
Shareholders attended via web portal and telephone, with procedures and meeting rules reviewed.
Corporate governance
Representatives from independent auditors and board members were present, and the Inspector of Election was appointed and sworn in.
Notice of meeting and proxy materials were distributed to all shareholders of record as of March 30th, 2026.
Quorum established with approximately 70.5% of voting power represented.
Shareholder proposals
Proposal 1: Reelection of Alexander Frank and Marnie Sudnow as Class III directors until the 2029 annual meeting.
Proposal 2: Ratification of CohnReznick LLP as independent registered public accounting firm for the year ending December 31st, 2026.
- Q1 2026 net investment income was $4.8M, NAV per share rose to $7.90, and a $5M buyback was authorized.AFCG
Q1 20267 May 2026 - BDC conversion expanded investment scope; $1.4B pipeline, $366M principal outstanding in 2025.AFCG
Q4 202527 Apr 2026 - Cannabis lending platform delivers 20% yields and strong dividends amid rapid industry growth.AFCG
Investor presentation24 Apr 2026 - Board recommends director elections and auditor ratification, with strong governance and oversight.AFCG
Proxy filing17 Apr 2026 - Vote on director elections and auditor ratification at the May 2026 annual meeting.AFCG
Proxy filing17 Apr 2026 - Q2 2025 net loss of $13.2M, $3.4M distributable earnings, and BDC conversion planned.AFCG
Q2 202510 Mar 2026 - Q2 net income reached $16.4M as the company became a pure-play cannabis lender.AFCG
Q2 20242 Feb 2026 - Q3 2024 earnings met targets, with strong originations and higher risk post-CRE spin-off.AFCG
Q3 202414 Jan 2026 - Exceeded origination targets, delivered strong yields, and maintained a robust pipeline.AFCG
Q4 202424 Dec 2025
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