Best Cannabis Funding Companies
Cannabis business loans are so difficult to access for one main reason: though cannabis is legal on the state level in many places throughout the U.S., on the federal level it’s still technically illegal.
Below is a list of companies that provide several different cannabis funding options including loans, venture capital, equity, and other debt instruments.
Even as Cannabis business loans are typically more difficult to find, there are more and more lenders emerging who have found ways to work with and fund cannabis businesses. However, because there are so many legal regulations and a grey area within this space, you’ll want to take the extra step when investigating and comparing these business financing options, especially since not many of them provide complete information online.
Questions to Ask a Lender
As a cannabis business owner seeking financing, it's crucial to be well-prepared when approaching potential lenders. Asking the right questions can not only help you better understand the lending process but also determine whether a lender is the right fit for your business.
Here are some questions you should consider asking:
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What type of financing do you offer? (e.g., loans, lines of credit, equity financing)
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Do you specialize in cannabis business financing or serve a broader range of industries?
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What are your eligibility criteria for cannabis business financing? (e.g., annual revenue, years in business, credit score)
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What collateral or personal guarantees, if any, do you require for a loan?
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What are your interest rates and terms for cannabis business financing?
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Are there any fees associated with your financing products? (e.g., application fees, closing fees, prepayment penalties)
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What is your typical turnaround time for loan approvals and fund disbursement?
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How much experience do you have in financing cannabis businesses?
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Can you provide references from other cannabis businesses you have financed?
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What kind of support do you offer to borrowers throughout the loan process?
Remember that thorough research and due diligence are crucial in finding the right lender for your cannabis business. Don't be afraid to ask questions and consult with experts in the field.
By asking these questions, you can gauge a lender's expertise and track record in the cannabis industry and ensure that their financing products align with your business's needs and goals.
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This is not an endorsement for these companies so please perform your own due diligence before working with them.
Advertising Disclosure
Cannabis Credit Lines
Cannabis Credit Lines credit-based funding solution can get you the capital your business needs in as little as 2 weeks!
When traditional banks say no, we provide a solution to get funding for your Cannabis related Business and you will get a better answer to what is a hemp loan
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Casa Verde Capital
Casa Verde (CV) is the leading venture capital firm focusing exclusively on the cannabis industry.
As the markets continue to evolve and mature, CV maintains a view that cannabis will be among the most compelling investment themes of our generation.
We invest in scalable, capital-efficient businesses, led by world-class management teams, addressing long-term market needs.
Emerald Park Capital
Emerald Park Capital (“EPC”) is an investment manager focused on investing in the high growth legal cannabis industry. EPC primarily invests in senior debt with asset coverage and preferred equity opportunities in proven companies with quality management teams and unique market positions with the goal of achieving superior risk adjusted returns.
To lead the fund’s efforts, EPC has assembled an unparalleled team of institutional grade partners, advisors, co-investors, and managers who bring vast experience in deal sourcing, investing/lending, operations, and regulated industries, including cannabis.
Fundanna by truCrowd
The 1st Regulation Crowdfunding platform for cannabis businesses.
Fundanna’s goal is to support the industry’s growth by giving investors access to early-stage cannabis investments and entrepreneurs the opportunity to raise up to $1,070,000 per year through Regulation Crowdfunding.
Green Growth Investments
Green Growth Investments, LLC is primarily focused on identifying promising opportunities within the evolving legal cannabis industry, and offering them to qualified individuals and entities.
We match qualified investors with licensed cannabis business opportunities in California, Nevada Arizona, Washington, Oregon and Colorado.
IndoGro Capital
IndoGro Capital is an online cannabis real estate loan funding platform where we shop dozens of cannabis-friendly lenders for you.
IndoGro's singular focus and dedication to the cannabis real estate industry have garnered critical financial relationships needed by all cannabis real estate investors.
IndoGro aims to light the way for the advancement of cannabis businesses across America.
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Lead Funding
Lead Funding is a Colorado-based direct lender that can help your Cannabis business with loans backed by real estate. They lend in all states where cannabis is legal. Because they operate under state guidelines, and not anti-cannabis federal guidelines, they have a willingness and flexibility that most lenders and banks do not.
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