Farmaceuticalrx closes up to $21.0 million in debt financing from afc gamma to expand medical marijuana operations in ohio

Pittsburgh, april 6, 2021 /prnewswire/ -- farmaceuticalrx, the leading natural and organic multistate vertically integrated medical marijuana operator in the united states ("farmaceuticalrx" or the "company"), today announced that it has closed an up to $21 million senior secured term loan (the "senior term loan") with afc gamma, inc. (nasdaq: afcg) ("afc"). the senior term loan proceeds will be used to fund construction of the company's processing and level 1 cultivation facility in ohio and for general working capital purposes.
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