"Access to financing has long been one of the greatest hurdles for cannabis companies operating in the United States. Federal restrictions limit access to traditional banking and credit, leaving even well-established operators searching for ways to bridge cash flow gaps, fund expansions, or simply stock their shelves. Into this gap stepped FundCanna, a San Diego-based financial services company founded in 2021 with a mission to empower cannabis operators and ancillary businesses through fast, flexible, and transparent financing."
"FundCanna was founded by Adam Stettner, an entrepreneur with more than two decades of experience in financial services. Stettner has received accolades such as EY's Entrepreneur of the Year and led companies that have collectively delivered over $20 billion in funding to underserved businesses. His vision for FundCanna was straightforward: provide cannabis operators with reliable, non-dilutive funding that mirrors the agility and demands of the industry."
FundCanna was founded in 2021 in San Diego to empower cannabis operators and ancillary businesses with fast, flexible, and transparent financing. The company has underwritten over 3,000 cannabis files and approved more than $300 million in financing across 40 states while serving nearly 2,000 businesses. FundCanna offers tailored products including non-dilutive working capital, loans for payroll, inventory, and marketing, and industry-specific solutions that accommodate licensing, tax, and compliance complexities. Leadership brings decades of financial services experience and a track record of delivering funding to underserved businesses. The company focuses on addressing cash flow gaps, funding expansions, and supporting sustainable growth across the cannabis supply chain.
Read at stupidDOPE | Est. 2008
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