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 Minnesota 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 Minnesota?
Minnesota recently enacted a new law, effective Aug. 1, 2023, that makes cannabis legal for adults 21 and older to possess and consume. Minnesota is the 23rd state in the nation to legalize cannabis.
How do you get a license to open a cannabis business in Minnesota?
Now that cannabis is legalized in Minnesota, it's time to start putting the pieces together for your cannabis business.
The Minnesota cannabis legalization bill that passed establishes 10 types of licenses:
- Cannabis cultivator
- Craft cultivator
- Bulk cultivator
- Cannabis manufacturer
- Cannabis retailer
- Cannabis wholesaler
- Cannabis transporter
- Cannabis testing facility
- Cannabis microbusiness
- Cannabis event organizer
- Cannabis delivery service
- Medical cannabis business
How do you get a license to open a cannabis business in Minnesota?
Now that cannabis is legalized in Minnesota, it's time to start putting the pieces together for your cannabis business.
The Minnesota cannabis legalization bill that passed establishes 10 types of licenses:
- Cannabis cultivator
- Craft cultivator
- Bulk cultivator
- Cannabis manufacturer
- Cannabis retailer
- Cannabis wholesaler
- Cannabis transporter
- Cannabis testing facility
- Cannabis microbusiness
- Cannabis event organizer
- Cannabis delivery service
- Medical cannabis business
Cannabis Loans in Minnesota
Minnesota banks are highly unlikely to lend money to cannabis businesses. While cannabis is on its way to becoming legal in Minnesota, 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 Minnesota?
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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