Leonard Tannenbaum

Cannabis-focused commercial real estate finance company AFC Gamma, Inc. (NASDAQ: AFCG) has tapped an industry veteran, Daniel Neville, as its new CEO. Neville agreed to assume the role effective Nov. 13, 2023, the Florida-based company said on Monday. He succeeds Leonard Tannenbaum, who will...

AFC Gamma, Inc. (NASDAQ: AFCG) announced that Brandon Hetzel, AFC Gamma’s current executive vice president, controller, has been appointed to serve as the company’s CFO and treasurer. Hetzel’s appointment was approved by the company’s board of directors on March 17, 2023....

AFC Gamma, Inc. (NASDAQ: AFCG) released its results for the third quarter of 2022, revealing net income of $11.5 million in Q3 2022, or $0.57 per basic weighted average share of common stock, representing a 45% increase to net income from Q3 2021. Third Quarter 2022 Highlights Distributable...

AFC Gamma, Inc. (NASDAQ: AFCG) released its results for the second quarter of 2022, revealing net income of $11.4 million in Q2 2022, or $0.58 per basic weighted average share of common stock, an increase of 147% compared to net income of $4.6 million in Q2 2021. Q2 2022 Financial Highlights...

AFC Gamma, Inc. (NASDAQ: AFCG) reported its results for the first quarter of 2022. “We are pleased with our strong performance in the first quarter and continued growth so far into 2022, which is evidenced by AFC Gamma’s results and steady dividend growth,” Leonard Tannenbaum, the...

AFC Gamma, Inc. (NASDAQ: AFCG) has entered into a senior secured revolving credit facility with $60 million of current commitments from two FDIC-insured banks and the ability to increase the facility to $100 million. The two banks have over $70 billion of assets in the aggregate. AFC Gamma intends...

Leonard Tannenbaum, founder, chairman and CEO of AFC Gamma Inc (NASDAQ: AFCG), does not hold much hope the SAFE Banking Act will pass into law this year.  In an interview with Brady Cobb, founder of Sunburn Cannabis, at the Benzinga Cannabis Capital Conference on Wednesday, Tannenbaum...

AFC Gamma Inc. (NASDAQ: AFCG) reported its results for the fourth quarter and year-ended December 31, 2021. FY 2021 Financial Highlights Net income of $21.0 million in 2021, or $1.57 per basic weighted average share of common stock Distributable earnings of $24.7 million in 2021, or $1.85 per...

Leonard Tannenbaum, Insider at Oaktree Specialty Lending (NASDAQ:OCSL), made a large insider sell on November 17, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Tannenbaum sold 370,815 shares of Oaktree...

Leonard Tannenbaum, Insider at Oaktree Specialty Lending (NASDAQ:OCSL), made a large insider sell on November 10, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Tannenbaum sold 177,905 shares of Oaktree...

AFC Gamma Inc. (NASDAQ: AFCG) released its results Thursday for the quarter ended September 30, 2021, reporting net income of $7.9 million versus net income of $2.11 million in the same period of the prior year. The cannabis-focused commercial real estate finance company also disclosed adjusted...

With the U.S. House of Representatives recently passing cannabis banking legislation once again - this time as part of a large-scale defense spending bill, just days after passing cannabis banking reform which was part of the legislation - there is a distinct possibility that...

Leonard Tannenbaum, 10% Owner at Oaktree Specialty Lending (NASDAQ:OCSL), made a large insider sell on September 20, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Tannenbaum sold 4,214,368 shares of Oaktree...

Accessing capital through traditional methods like equity or debt financing has become increasingly difficult for cannabis businesses.  On Monday, a panel of experts gathered online at the Benzinga Virtual Cannabis Capital Conference to discuss alternative solutions to accessing capital and...