California 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.

Cannabis loans by FundCanna

Applying for Cannabis Funding in California 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

fundcanna 3 step process

Get access to the funding your Cannabis Business needs. FAST

Is Cannabis legal in California?

California was the first state in the US to allow for medicinal cannabis use. The Compassionate Use Act was passed by California voters in 1996. Cannabis is now legal for both medical and recreational use by individuals 21 years of age or older.

california cannabis financing options
california cannabis loans

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

Start by familiarizing yourself with California Cannabis laws. There are a number of items California Cannabis Dispensaries need to be aware of. You'll need to provide proof of ownership or a rental agreement with your California Cannabis License application. As soon as you have a location, you'll need to start a marijuana business application and follow the steps.

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

Start by familiarizing yourself with California Cannabis laws. There are a number of items California Cannabis Dispensaries need to be aware of. You'll need to provide proof of ownership or a rental agreement with your California Cannabis License application. As soon as you have a location, you'll need to start a marijuana business application and follow the steps.

california cannabis loans

Cannabis Loans in California

It's very unlikely a cannabis business can get financing from a California bank. This is where FundCanna can help. We only lend money to cannabis businesses. It's all we do.

california cannabis loan options

FAQ's

You sure can! But you’ll need to find an alternative lender. Historically speaking, the big banks only approve about 20% of loan applications across the board. That’s one out of five businesses of any kind. And, perhaps needless to say, being a Cannabis Company doesn’t exactly up your odds of finding any financing solutions. The fact of the matter is that until the Federal Government comes to its senses and legalizes marijuana nationwide, you can expect traditional financial institutions to stay on the sidelines.

 

Worry not, though. we can help! For the past two decades, FundCanna has been helping small and medium sized businesses across the country get access to the funding they need. Our team has come together to support the underserved entrepreneurs in the cannabis space. We offer a wide variety of financial solutions to help your company THRIVE.

Our application process makes it quick and easy to get the money you need. Just fill out our online application, upload the requested documents, and we’ll do the rest. Assuming all looks good, you can get approved in as little as 24 hours.

Not long at all! We know time is of the essence, and in almost all cases you’ll receive the funds the very same day you are approved.

We have so many great options for you to choose from. Think equipment financing, lines of credit, cannabis working capital loans, dispensary loans, and vendor financing, to name a few. We pride ourselves on our flexibility, and our team of experts will talk you through the options so you can choose the best one to scale your business.

California Cannabis Market Report

california cannabis demographics
california cannabis category share
top california cannabis brands

California Cannabis Market Report Summary:

California cannabis sales are made up of 54% men, 46% women. The majority(45%) are people age 45 or older, with 23% of consumers being age 35-44, 27% age 25-34, and 5% age 18-24.

 

The average monthly spend in California is $100, and the average spend per visit is $86.

 

15% of consumers say they choose to purchase cannabis to relieve pain. 11% say it's to sleep better, while 10% say it's to help manage anxiety.

 

The types of cannabis products consumers chose to purchase were 34% flower, 31% concentrates, 16% edibles, 14% pre-rolls, and 5% 'other'.

 

The top 5 cannabis brands in California were:

 

  1. Stiiizy
  2. Raw Garden
  3. Kiva Confections
  4. Jeeter
  5. Wyld

Looking for a Cannabis Loan in California?

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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Cannabis Business Loans