Florida 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 Florida 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
Has Florida legalized weed?
Medical marijuana was legalized in 2014, but only for individuals 21 and older who have obtained a Medical Marijuana Use Authorization. Adult-use remains illegal, despite statewide polling data which suggests 65 percent of Florida voters believe that recreational pot should be legal.
Florida’s controversial Governor Ron Desantis of Jacksonville, has expressed opposition to recreational use, however advocates are aiming to place an initiative to legalize recreational marijuana on the 2024 ballot.
How do I start a legit cannabis company in Florida?
A Florida Cannabis License is unique in that it requires that license holders be engaged in the entire supply chain. This includes cultivation, processing, and dispensing of marijuana products to medical marijuana patients..
How do I start a legit cannabis company in Florida?
A Florida Cannabis License is unique in that it requires that license holders be engaged in the entire supply chain. This includes cultivation, processing, and dispensing of marijuana products to medical marijuana patients..
Cannabis Loans in Florida
It’s very unlikely a cannabis company can borrow money from a Florida bank. While cannabis is legal in the Sunshine State, 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.
FAQ's
Absolutely! But here’s the thing: the majority of traditional banks only approve about 20% of ALL loan applications. With, oh, about zero percent of that going to Cannabis Businesses. It’s lame, but that’s the way it is. Until Marijuana is legal on a Federal level, expect traditional banks to stay out of the industry.
That's where FundCanna comes in. We have over 20 years of experience helping small and medium sized businesses throughout the United States get access to the financing they need. The FundCanna team exclusively works with the Cannabis Industry, and we offer several financial solutions to help your company GROW.
We make getting funding as easy as an ocean breeze. Our simple 3-step application process takes just a few minutes. Start by filling out the online application, upload the requested documents, and you can be approved in as little as 24 hours. See? Easy breezy!
How does right away sound? Look, we know time is of the essence, and in nearly every case you’ll receive the funds on the same day you’re approved.
We offer so many different financial solutions for you. Think credit lines, dispensary loans, vendor and equipment financing, working capital loans, and more. 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.
Florida Cannabis Market Report
Florida Cannabis Market Report Summary:
Florida cannabis sales are made up of 52% men, 48% women. The majority(47%) are people age 45 or older, with 29% of consumers being age 35-44, 19% age 25-34, and 6% age 18-24.
The average monthly spend in Florida is $129, and the average spend per visit is $96.
10% 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 39% flower, 41% concentrates, 10% edibles, 4% pre-rolls, and 6% 'other'.
Looking for a Cannabis Loan in Florida?
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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