FundCanna Named Preferred Lending Partner of Nabis
California’s Leading Cannabis Lender to Coordinate Financing with
State’s Largest Service Provider to Brands and Dispensaries
SAN DIEGO, CA – FundCanna, the leading provider of capital to small to medium-sized businesses throughout the cannabis sector, announces today a partnership with Nabis, the largest licensed wholesale platform, and logistics provider to California cannabis brands and dispensaries, to be the company’s preferred lending partner. In the capital-intensive cannabis industry, quick access to funding is paramount, and now Nabis partners have a channel for financing through FundCanna, with approvals in as little as 24 hours.
“This partnership will be a game changer for the many cannabis businesses looking for access to significant capital to grow their businesses in the coming months and years,” said Adam Stettner, Founder and CEO of FundCanna. “Nabis is one of the leaders in this industry when it comes to servicing clients in the Brand and Retail space with cutting edge technology and reliability. Given their unique position to grow the industry and FundCanna’s demonstrated experience across the country funding cannabis businesses, brands and distributors will be able to purchase materials, keep their shelves stocked and product flowing regardless of the unique obstacles our industry faces. Together, we will fuel the upward trajectory of their client base.”
Given Nabis’ unique visibility into distribution, marketplace demand and the movement of product from over 300 brands in California across nearly 100% of the state’s dispensaries and FundCanna’s 20 years and $20B of on-balance sheet lending experience nationwide, the two companies are uniquely positioned to deliver targeted financial solutions for the world’s largest legal cannabis market. This new alliance will provide Nabis partners with robust access, innovation, service and flexibility for their funding needs.
FundCanna is the leading source of debt capital to the cannabis industry. For more than 20 years, their team of financial experts has provided nearly $20 billion in funding to underserved businesses and individuals across the country.
FundCanna products are flexible and designed to service the unique needs of this amazing space.
Nabis is the #1 licensed cannabis wholesaling platform in California, supporting over 300 exclusive brands and supplying the entire network of state-licensed dispensaries with top-tier products. Nabis offers clients lightning-fast fulfillment, warehousing, payment processing, financing, data analytics, sales, marketing services and insights to help more brands and retailers to innovate, launch and scale strategically. Founded in 2018 by tech entrepreneurs Vince C. Ning and Jun S. Lee, Nabis is fueled by cutting-edge technology designed to support cannabis wholesaling between brands and retailers. In 2023, Ning and Lee’s work earned Nabis a spot on Inc. 5000’s list of Fastest Growing Private Companies in America.
Learn more: nabis.com
Get the working capital you need. Fast.
Approvals in as little as 24 hours
Share this article on