In a recent episode of NCIA’s Voice of Cannabis, FundCanna CEO Adam Stettner sat down with host Jimmy Young for an unfiltered discussion about the cannabis industry’s financial landscape and the path toward federal normalization.
The conversation unpacked real lending data, regulatory challenges, and the practical realities facing operators shut out of traditional banking. Stettner revealed that FundCanna has underwritten roughly 5,000 transactions and funded about 3,500 of them, totaling more than $225 million deployed to cannabis businesses nationwide—proof that strategic capital is helping the industry move forward even without federal reform.
Beyond the numbers, Stettner shed light on how cannabis operators navigate elevated costs, restrictive banking access, and a tax structure that punishes growth.
He discussed how FundCanna's B2B Buy Now, Pay Later (BNPL) platform, ReadyPaid, tackles one of the industry’s biggest pain points —accounts receivable— by paying sellers immediately and offering buyers flexible payment terms. The episode underscored that while 99% of cannabis companies remain underserved by traditional finance, specialized lenders like FundCanna are filling the gap with practical, scalable solutions. As Stettner put it, true progress will come when federal action finally aligns policy with public sentiment, unlocking banking, advertising, and interstate commerce for one of America’s fastest-growing industries.
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