We simplify the funding process so you can focus on growing your business, even when banks say no.
Why financing for Cannabis Businesses is challenging
As more states move toward legalizing marijuana for medical and recreational use, the cannabis industry is becoming a highly profitable space for new and growing businesses. Still, securing funding through traditional banks or credit unions remains challenging due to the nature of cannabis operations. Getting financing at the right time can be a game-changer. As laws continue to shift, acting now allows you to establish and expand your cannabis business with confidence. Dispensaries sell cannabis directly to consumers, offering a variety of strains tailored to medical needs or desired effects.
How to Start a Cannabis Business: 6 Key Steps
Step 1: Know the Law
Understand your state’s cannabis regulations, from zoning to sales limits.
Step 2: Verify Eligibility
Be prepared for local background checks and licensing requirements.
Step 3: Find a Location
Choose a space that complies with local zoning and avoids restricted areas.
Step 4: Create a Business Plan
You’ll need a clear plan to secure funding and scale successfully.
Step 5: Get Licensed
Apply for the necessary licenses and pay all associated fees.
Step 6: Source Your Product Legally
Track and manage inventory to stay compliant and build a trusted reputation.
We make business lending simple!
We’re a private lending firm committed to helping real estate investors and business owners access fast, flexible financing. With asset-based solutions and a streamlined approval process, we focus on the strength of your business to get you the capital you need, when you need it.
