South Dakota 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.
Applying for Cannabis Funding in South Dakota has never been easier.
Fill out the form below and have access to the capital you need in as little as 24 hours.
3 easy steps
Get access to the funding your Cannabis Business needs. FAST
Is Cannabis legal in South Dakota?
Marijuana became legal for medical use in South Dakota on July 1, 2021. Before then, cannabis was fully illegal. South Dakota arguably has the stiffest marijuana laws in the country. Possession of hash, concentrates or edibles is a felony and can cost you 10 years in prison plus a fine up to 20k.
How do you get a license to open a cannabis business in South Dakota?
Licensing in South Dakota is handled by local governments which have the power to regulate how many and what types of licenses that are allowed to operate in their jurisdiction.
How do you get a license to open a cannabis business in South Dakota?
Licensing in South Dakota is handled by local governments which have the power to regulate how many and what types of licenses that are allowed to operate in their jurisdiction.
Cannabis Loans in South Dakota
It is very unlikely a cannabis company can borrow money from a South Dakota bank. While cannabis is partially legal in South Dakota, it is still classified as a Schedule 1 controlled substance and remains federally illegal. Because of this, most banks and credit card companies won't work with you in any capacity. This means obtaining a loan for your business through your bank won't be possible.
This is where FundCanna can help. We only lend money to cannabis businesses. It's all we do.
Looking for a Cannabis Loan in South Dakota?
Our team is here to assist you with getting a Cannabis Loan.
Apply below and a member of the FundCanna team will be in touch right away.
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