Alabama Cannabis Loans

The FundCanna team has funded over $20 Billion to small and medium businesses nationwide. We can provide you with a Cannabis Loan in as little as 24 hours.

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The Alabama Legislature concluded its session on June 6, 2023. Despite Alabama being one of just 19 states that still enforces incarceration for individuals found with small amounts of cannabis, there were some advancements made to decrease the number of arrests related to cannabis use.

This year, Senator Bobby Singleton (D) reintroduced a cannabis decriminalization bill (SB 42), but it did not progress beyond the committee stage. Nonetheless, a new bill, HB13, allowing cities to implement a "Cite and Release" policy for certain minor offenses, including, in certain cases, personal cannabis possession, was approved by the legislature and signed into law on June 20, 2023.

 

Representative Christopher England's (D) HB 13 empowers municipalities to adopt a "Cite and Release" approach for nonviolent misdemeanors, potentially encompassing personal cannabis use, although the law does not provide a specific definition for personal use. This allows significant discretion for the arresting officer.

During the conference committee discussions, HB 13 was revised to specify that the cite-and-release policy can only be applied to controlled substance use or possession, including cannabis, if authorized by local legislation. In accordance with Alabama law, this necessitates the approval of a local bill by the entire local delegation of state lawmakers, as opposed to a municipality's self-passed ordinance. This addition was introduced by Senate Judiciary Committee Chair, Will Barfoot (R), with the explicit intention of preventing Montgomery from implementing this policy, primarily due to concerns about cannabis possession. The only exception is Tuscaloosa, which was exempted due to a pre-existing decriminalization ordinance enacted prior to May 1, 2022. Collaboration with advocacy groups, led by the Southern Poverty Law Center, is expected to assist municipalities in initiating this process.

While HB 13 enables cities to avoid detaining individuals before trial for minor offenses, it does not eliminate the possibility of post-conviction imprisonment for cannabis-related offenses or the associated criminal record. We urge you to contact your legislators and emphasize the urgency of prioritizing cannabis decriminalization. It's high time to put an end to these severe penalties and allocate law enforcement resources toward addressing more serious crimes.

Is Cannabis legal in Alabama?

Currently only CBD and medical cannabis are legal in Alabama. CBD laws in Alabama fall in line with USDA regulations from the 2018 Farm Bill. Cannabis patients in Alabama have reported limited availability of CBD products.

 

Alabama's Governor signed a bill in May of 2021 that would provide  access to medical cannabis for Alabama's citizens with one of 18 conditions which include intractable pain. The patients that were surveyed said they have noticed no notable changes to access since the passage of these new laws, and there is currently no official start date for patients to access medical cannabis. 

Alabama cannabis business loan info
Alabama cannabis business financing options

How do you get a license to open a cannabis business in Alabama?

Starting September 1, 2022, a person can apply to the commission for a license to open a facility or a license to be a cultivator processor, secure form of transport, testing lab or dispensary.

How do you get a license to open a cannabis business in Alabama?

Starting September 1, 2022, a person can apply to the commission for a license to open a facility or a license to be a cultivator processor, secure form of transport, testing lab or dispensary.

Alabama cannabis business financing options

Cannabis Loans in Alabama

It's not very likely a cannabis company can borrow money from an Alabaman bank. Until cannabis is federally legal, don't expect much to change.

 

This is where FundCanna can help. We only lend money to cannabis businesses. It's all we do.

Alabama cannabis business loan information

FAQ's

If you own or operate a CBD business, the answer is yes. Once state laws change and cannabis becomes recreationally available, FundCanna will be happy to work with your Cannabis Business!

Financing options are only available for CBD companies in Alabama currently, but we expect that to change in the next few years.

We offer cannabis funding in every city in Alabama:

 

Abbeville, AL

Adamsville, AL

Addison, AL

Akron, AL

Alabaster, AL

Albertville, AL

Alexander City, AL

Alexandria, AL

Aliceville, AL

Allgood, AL

Altoona, AL

Andalusia, AL

Anderson, AL

Anniston, AL

Arab, AL

Ardmore, AL

Ariton, AL

Arley, AL

Ashford, AL

Ashland, AL

Ashville, AL

Athens, AL

Atmore, AL

Attalla, AL

Auburn, AL

Autaugaville, AL

Baileyton, AL

Banks, AL

Bay Minette, AL

Bayou La Batre, AL

Bear Creek, AL

Beatrice, AL

Beaverton, AL

Belk, AL

Berry, AL

Bessemer, AL

Birmingham, AL

Black, AL

Blountsville, AL

Boaz, AL

Boligee, AL

Brantley, AL

Brent, AL

Brewton, AL

Bridgeport, AL

Brilliant, AL

Brookside, AL

Brookwood, AL

Brundidge, AL

Butler, AL

Bynum, AL

Calera, AL

Camden, AL

Camp Hill, AL

Carbon Hill, AL

Carrollton, AL

Castleberry, AL

Cedar Bluff, AL

Centre, AL

Centreville, AL

Chatom, AL

Chelsea, AL

Cherokee, AL

Childersburg, AL

Citronelle, AL

Clanton, AL

Clay, AL

Clayton, AL

Cleveland, AL

Clio, AL

Coaling, AL

Coffee Springs, AL

Coffeeville, AL

Coker, AL

Collinsville, AL

Columbia, AL

Columbiana, AL

Coosada, AL

Cordova, AL

Cottonwood, AL

Courtland, AL

Cowarts, AL

Creola, AL

Crossville, AL

Cuba, AL

Cullman, AL

Dadeville, AL

Daleville, AL

Daphne, AL

Dauphin Island, AL

Daviston, AL

Deatsville, AL

Decatur, AL

Demopolis, AL

Detroit, AL

Dora, AL

Dothan, AL

Double Springs, AL

Douglas, AL

Dozier, AL

Dutton, AL

Eclectic, AL

Elba, AL

Elberta, AL

Elkmont, AL

Enterprise, AL

Epes, AL

Eufaula, AL

Eutaw, AL

Eva, AL

Evergreen, AL

Excel, AL

Fairfield, AL

Fairhope, AL

Falkville, AL

Fayette, AL

Flomaton, AL

Florala, AL

Florence, AL

Foley, AL

Forkland, AL

Fort Deposit, AL

Fort Payne, AL

Fort Rucker, AL

Frisco City, AL

Fruithurst, AL

Fulton, AL

Fultondale, AL

Fyffe, AL

Gadsden, AL

Gainesville, AL

Gantt, AL

Garden City, AL

Gardendale, AL

Geneva, AL

Georgiana, AL

Geraldine, AL

Glen Allen, AL

Goodwater, AL

Gordo, AL

Gordon, AL

Goshen, AL

Grand Bay, AL

Grant, AL

Graysville, AL

Greensboro, AL

Greenville, AL

Grove Hill, AL

Guin, AL

Gulf Shores, AL

Guntersville, AL

Gurley, AL

Hackleburg, AL

Haleyville, AL

Hamilton, AL

Hanceville, AL

Harpersville, AL

Hartford, AL

Hartselle, AL

Harvest, AL

Hayden, AL

Hayneville, AL

Hazel Green, AL

Headland, AL

Heflin, AL

Helena, AL

Henagar, AL

Hillsboro, AL

Hodges, AL

Holly Pond, AL

Hollywood, AL

Huntsville, AL

Hurtsboro, AL

Ider, AL

Jackson, AL

Jacksons Gap, AL

Jacksonville, AL

Jasper, AL

Jemison, AL

Kansas, AL

Kennedy, AL

Killen, AL

Kimberly, AL

Kinston, AL

Lanett, AL

Langston, AL

Leeds, AL

Leesburg, AL

Leighton, AL

Lexington, AL

Lincoln, AL

Linden, AL

Lineville, AL

Lisman, AL

Livingston, AL

Lockhart, AL

Locust Fork, AL

Louisville, AL

Loxley, AL

Luverne, AL

Lynn, AL

Madison, AL

Malvern, AL

Maplesville, AL

Margaret, AL

Marion, AL

Mc Intosh, AL

Mc Kenzie, AL

Mentone, AL

Meridianville, AL

Midland City, AL

Midway, AL

Millbrook, AL

Millport, AL

Millry, AL

Mobile, AL

Monroeville, AL

Montevallo, AL

Montgomery, AL

Moody, AL

Morris, AL

Moulton, AL

Moundville, AL

Mount Olive, AL

Mount Vernon, AL

Mulga, AL

Munford, AL

Muscle Shoals, AL

Nauvoo, AL

New Brockton, AL

New Hope, AL

New Market, AL

Newbern, AL

Newton, AL

Newville, AL

Northport, AL

Notasulga, AL

Oakman, AL

Odenville, AL

Ohatchee, AL

Oneonta, AL

Opelika, AL

Opp, AL

Orange Beach, AL

Orrville, AL

Owens Cross Roads, AL

Oxford, AL

Ozark, AL

Parrish, AL

Pelham, AL

Pell City, AL

Pennington, AL

Phenix City, AL

Phil Campbell, AL

Piedmont, AL

Pike Road, AL

Pinckard, AL

Pine Hill, AL

Pinson, AL

Pisgah, AL

Pleasant Grove, AL

Point Clear, AL

Prattville, AL

Ragland, AL

Rainbow City, AL

Rainsville, AL

Ranburne, AL

Red Bay, AL

Red Level, AL

Reform, AL

Repton, AL

River Falls, AL

Riverside, AL

Roanoke, AL

Robertsdale, AL

Rockford, AL

Rogersville, AL

Russellville, AL

Rutledge, AL

Samson, AL

Saraland, AL

Satsuma, AL

Scottsboro, AL

Section, AL

Selma, AL

Sheffield, AL

Shorter, AL

Silas, AL

Silverhill, AL

Sipsey, AL

Slocomb, AL

Somerville, AL

Spanish Fort, AL

Springville, AL

Steele, AL

Stevenson, AL

Sulligent, AL

Sumiton, AL

Summerdale, AL

Sweet Water, AL

Sylacauga, AL

Sylvania, AL

Talladega, AL

Tallassee, AL

Theodore, AL

Thomaston, AL

Thomasville, AL

Thorsby, AL

Town Creek, AL

Trafford, AL

Trinity, AL

Troy, AL

Trussville, AL

Tuscaloosa, AL

Tuscumbia, AL

Tuskegee, AL

Union Springs, AL

Uniontown, AL

Valley Head, AL

Valley, AL

Vance, AL

Vernon, AL

Vina, AL

Vincent, AL

Vredenburgh, AL

Wadley, AL

Walnut Grove, AL

Warrior, AL

Waterloo, AL

Weaver, AL

Webb, AL

Wedowee, AL

West Blocton, AL

Wetumpka, AL

Wilsonville, AL

Wilton, AL

Winfield, AL

Woodville, AL

York, AL

Looking for a Cannabis Loan in Alabama?

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Apply below and a member of our team will be in touch right away.

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