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We consent to the incorporation by reference in the Registration Statements on Form S-3 (File No. 333-264144) and Form S-8 (File Nos. 333-254480, 333-262091, and 333-270373) of Advanced Flower Capital Inc. of our report dated March 13, 2025, on our audits of the consolidated financial statements of Advanced Flower Capital Inc. and subsidiaries as of December 31, 2024 and 2023, and for the years then ended, which report is included in the Annual Report on Form 10-K of Advanced Flower Capital Inc. for the year ended December 31, 2024, which includes an explanatory paragraph relating to risks and uncertainties due to originating, structuring, underwriting and managing senior secured loans and other types of loans for established cannabis industry operators.