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

Did Nevada legalize marijuana?

It sure did. Back in 2001 Nevada legalized the use of cannabis for medical purposes only. That was a big win back then. It took more than 15 years (and a couple failed attempts), but the state finally passed recreational cannabis laws for adults in 2017 for adults age 21+. And then in June of 2021, Nevada approved the operation of alcohol-free consumption lounges.

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What are the steps to getting a license for a legal cannabis company 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, so be sure to familiarize yourself with the ins and outs of the rules and regulations.

What are the steps to getting a license for a legal cannabis company 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, so be sure to familiarize yourself with the ins and outs of the rules and regulations.

nevada cannabis loan programs

Do banks in Nevada do business with licensed cannabis companies?

They don’t. While cannabis is fully legal in Nevada, it is still classified as a Schedule 1 controlled substance and is still illegal on the federal level, which spooks the banks. Bottom line: most of the traditional lenders won't work with you. So don’t look to banks to help you with your business. 

Don’t worry. FundCanna is your friend. We’re the alternative lender you need. We only lend money to cannabis businesses. It's all we do and we do it better than anyone in the business.

nevada marijuana loans

FAQ's

You certainly can! Just not from the major players. Traditional banks aren’t opening their vaults for entrepreneurs like you. They  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 businesses big and small get access to the funding they need. Our team exclusively works with Cannabis Companies, and we proudly offer several financial solutions to help your company GROW.

With FundCanna, it’s easy peasy. We have a simple 3-step application process which should only take about 5 minutes to complete.  Start by filling out the online application and uploading the requested documents, and if all looks good, you can be approved in as little as 24 hours.

 

So quickly. Like as soon-as-you’re-approved kind of quickly. We know time is of the essence. We understand you need access to capital when you need it, so we get it to you.

We have a lot of different funding options. From cannabis working capital loans to lines of credit, equipment and vendor financing to dispensary loans, we have the ways and means to help you succeed.

Nevada Cannabis Market Report

nevada cannabis demographics
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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.

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