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North American marijuana retailers and growers are leading the pack when it comes to raising capital over the past 12 months, but the industry as a whole has hit a very rough financial patch compared to a year ago. Capital raises overall are down 61.2% year-over-year. According to the Viridian Capital Advisors Deal Tracker, cannabis…
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Discover Tranquility on National Relaxation Day A Retreat for Cannabis Entrepreneurs Greetings to all the visionaries in the cannabis industry! While it might not be the famed 4/20, there’s another occasion that deserves a spot on your radar. National Relaxation Day is here, and it’s the perfect opportunity for cannabis companies like yours to unwind,…
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FundCanna CEO Adam Stettner recently sat down with Kris Krane of the Green Rush Podcast to have a conversation that builds upon Kris’ Forbes column, “Bet You’ve Heard This One Before…Now Is The Time To Invest In Cannabis,” to discuss the state of the cannabis industry, cannabis capital markets and why he’s focusing on making…
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Our clients grow at an average rate of 54% in less than a year of working with FundCanna. Ok, fine. ‘Debt’ is a four-letter word. However, debt should not be viewed negatively. It is significantly less expensive and more serviceable than equity in running a business and is essential to a company’s growth. When…
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420 Sales Update April 20th is a major holiday in the legal cannabis industry, and it has been for years. The day brings with it spikes in store traffic and total sales, even among dedicated cannabis consumers. However, after over a year of price compression in the cannabis space, some are wondering if 420 is…
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Thinking Outside The Bud Podcast Our CEO, Adam Stettner, sat down with Bruce Eckfeldt of the Thinking Outside The Bud Podcast to discuss factoring, industry trends, the history of FundCanna and more…click below to listen. https://www.linkedin.com/company/fundcanna/ https://www.linkedin.com/in/adamstettner Adam Stettner, Founder & CEO of FundCanna Adam has 30 years of business, strategy and leadership experience in…
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The Complete Guide to the 2023 Benzinga Cannabis Capital Conference April 11-12 | Fountainbleu Hotel | Miami, FL The highly anticipated Benzinga Cannabis Capital Conference is just a week away, promising an array of exclusive cannabis dinners, parties, and even a Casino Night. The event, which will run from April 10th to April 12th, will offer participants numerous networking…
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Equity vs. Debt FinancingFor Cannabis Businesses There are a number of reasons why debt financing is better than giving away equity for cannabis businesses First, debt financing is much cheaper than giving away equity in your cannabis company. When you borrow money, you only have to pay interest on the loan. When you give away…
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4/20 is Almost Here. Time to Stock Your Shelves! As we all know, 4/20 is THE day. A day we all celebrate this wonderful plant and appreciate how it has impacted our health, our lives, and our businesses. It’s also the time of year where it’s vital to have your dispensary shelves stocked to the…
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Money Management: Cannabis Dispensary Cash Flow & Financing Strategies All the best cannabis dispensaries have two things in common: a vast selection of elevating goods and serious cash flow concerns. In short, it takes A LOT of capital to run a successful shop, and until marijuana is legalized on the federal level, cash flow will…
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