New Mexico 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 New Mexico 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 New Mexico a weed-friendly state?
It sure is! The Land of Enchantment has legalized medical and recreational cannabis as of 2021. The Cannabis Regulation Act allows for the possession of up to 2 oz of marijuana.
Do New Mexican banks do business with licensed marijuana companies?
They don’t. While state law says weed is fully legal in New Mexico, it’s still classified as a Schedule 1 controlled substance by federal standards, and thus remains federally illegal. Because of this, you won’t find any big banks or credit cards in your corner. You need to find an alternative lender. And this is where FundCanna can help.
We only lend money to cannabis businesses. It's all we do. And we do it better than anyone.
Do New Mexican banks do business with licensed marijuana companies?
They don’t. While state law says weed is fully legal in New Mexico, it’s still classified as a Schedule 1 controlled substance by federal standards, and thus remains federally illegal. Because of this, you won’t find any big banks or credit cards in your corner. You need to find an alternative lender. And this is where FundCanna can help.
We only lend money to cannabis businesses. It's all we do. And we do it better than anyone.
Do New Mexican banks do business with licensed marijuana companies?
They don’t. While state law says weed is fully legal in New Mexico, it’s still classified as a Schedule 1 controlled substance by federal standards, and thus remains federally illegal. Because of this, you won’t find any big banks or credit cards in your corner. You need to find an alternative lender. And this is where FundCanna can help.
We only lend money to cannabis businesses. It's all we do. And we do it better than anyone.
FAQ's
Yes indeed. But not from traditional sources. Most banks and credit unions only approve a small percentage of ALL loan applications, and the fact you're a Cannabis Company does not improve your chances. If cannabis remains illegal federally, expect traditional banks to remain difficult to work with.
That's where FundCanna can assist. 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 works exclusively with the Cannabis Industry, and we offer several financial solutions to help your company GROW.
We have a simple 3-step application process. It’s quick and easy, taking all of 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.
From working capital loans to lines of credit, vendor and equipment financing, to cash advances and dispensary loans, we have a whole lot of tools you can use. And with FundCanna, you can count on a team of experts who are happy to help you understand which solutions will have maximum impact.
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