Nevada 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 Nevada 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 Nevada?

In 2001, Nevada legalized the use of cannabis for medical purposes only. In 2017, Nevada legalized the purchase, possession and consumption of recreational cannabis for adults age 21 or older after two previously failed attempts in 2002 and 2006. In June of 2021, Nevada approved the operation of alcohol-free consumption lounges.

nevada cannabis loans
nevada cannabis loan programs

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

Nevada requires a one-time application fee of $5,000 and fees for licenses range from $10,000-$30,000. There are several regional and zoning considerations to be aware of, as well as different rules depending on which county you plan to operate in.

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

Nevada requires a one-time application fee of $5,000 and fees for licenses range from $10,000-$30,000. There are several regional and zoning considerations to be aware of, as well as different rules depending on which county you plan to operate in.

nevada cannabis loan programs

Cannabis Loans in Nevada

It is very unlikely a cannabis company can borrow money from a Nevada bank. While cannabis is fully legal in Nevada, 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.

nevada marijuana loans

FAQ's

You certainly can! Just not from the major players. Institutional and Traditional banks only approve a small percentage of ALL loan applications and being a Cannabis Business certainly does not help. As long as Marijuana is illegal federally, expect traditional banks to not be an option for your Canna business loans.

 

That's where FundCanna can be of assistance. We have over 20 years of experience helping small and medium-sized businesses throughout the United States get access to the funding they need. The FundCanna team exclusively works with Cannabis Companies, and we offer several financial solutions to help your company GROW.

FundCanna makes getting funding a breeze. Our easy 3 step application process takes about 5 minutes to complete.  Get started by filling out the online application, upload the requested documents, and get approved in as little as 24 hours.

 

Promptly. You will receive funds directly in your account the same day you are approved. No waiting periods. We understand you need access to money when you need it.

 

We offer cannabis working capital loans, equipment financing, lines of credit, dispensary loans and vendor financing. Our team will help you choose which path is best in your journey to scale your business.

 
 

Nevada Cannabis Market Report

nevada cannabis demographics
nevada cannabis category share
top nevada cannabis brands

Nevada Cannabis Market Report Summary:

Nevada cannabis sales are made up of 52% men, 48% women. The majority(49%) are people age 45 or older, with 22% of consumers being age 35-44, 21% age 25-34, and 7% age 18-24.

 

The average monthly spend in Nevada is $128, and the average spend per visit is $89.

 

14% of consumers say they choose to purchase cannabis to relieve pain. 10% say it's to sleep better, while 9% say it's to help manage anxiety.

 

The types of cannabis products consumers chose to purchase were 44% flower, 26% concentrates, 13% edibles, 12% pre-rolls, and 5% 'other'.

 

The top 5 cannabis brands in Nevada were:

 

  1. Wyld
  2. Stiiizy
  3. Kynd
  4. Select
  5. Cannavative

Looking for a Cannabis Loan in Nevada?

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.

PREVIOUS STATE

NEXT STATE

Cannabis Business Loans