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.

Cannabis loans by FundCanna

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

fundcanna 3 step process

Get access to the funding your Cannabis Business needs. FAST

Is Cannabis legal in New Mexico

Both medical and recreational cannabis are legal in New Mexico as of 2021. The Cannabis Regulation Act allows for the possession of up to 2 oz of marijuana.

new mexico marijuana loan information
new mexico marijuana loans

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

There are several types of marijuana licenses available in New Mexico. Since 2007, it's been legal for licensed cultivators to grow up to 450 marijuana plants. New Mexico only allows for a certain number of cannabis licenses to be issued so make sure to check availability first. 

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

There are several types of marijuana licenses available in New Mexico. Since 2007, it's been legal for licensed cultivators to grow up to 450 marijuana plants. New Mexico only allows for a certain number of cannabis licenses to be issued so make sure to check availability first. 

new mexico marijuana loans

Cannabis Loans in New Mexico

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

new mexico cannabis loan options

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.

FundCanna makes getting funding incredibly simple. Our 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.

 

Right away! 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.

 
 

Looking for a Cannabis Loan in New Mexico?

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