Founded Year

2021

Stage

Debt | Alive

Total Raised

$30M

Last Raised

$30M | 4 yrs ago

About FundCanna

FundCanna provides financing solutions for the cannabis industry, including businesses that support the sector. The company offers funding products designed to meet the needs of cannabis operations and their partners. FundCanna serves a range of clients within the cannabis supply chain, including cultivators, dispensaries, manufacturers, and distributors. It was founded in 2021 and is based in San Diego, California.

Headquarters Location

9530 Towne Centre Drive Suite 120

San Diego, California, 92121,

United States

(877) 257-3777

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Latest FundCanna News

FundCanna Unveils ReadyPaid(TM) Trusted Partner Network to Drive BNPL Adoption Across the Cannabis Supply Chain

Oct 7, 2025

Press Release• Oct 7, 2025 10:30 EDT Live product demos at this week's Hall of Flowers in NYC will feature ReadyPaid's enhanced seller tools, seamless checkout integration, and visibility-driven upgrades for cannabis operators SAN DIEGO, October 7, 2025 (Newswire.com) - FundCanna, the leading institutional lender to the regulated cannabis industry, today announced the ReadyPaid™ Trusted Partner Network, a public directory showcasing sellers utilizing ReadyPaid, FundCanna's new Business-to-Business buy-now, pay-later (BNPL) financing tool purpose-built for cannabis. The Locator lists participating vendors on an interactive map with their logos, verticals, and states of operation. Providing added visibility while helping buyers identify partners who transact on flexible terms offered via ReadyPaid. ReadyPaid is designed to fix the broken payment cycle: sellers receive payment at the point of sale while buyers have the option of net terms or extended terms for payment. This affords sellers immediate, no-recourse payment for sales and enables purchaser's payment terms that match their revenue cycles. By aligning incentives and smoothing cash flow, ReadyPaid addresses the industry's massive non-payment issue, a $4+ billion delinquent receivables problem. According to MJBizDaily this is the number one reason cannabis companies fail. "ReadyPaid was created to solve the industry's pain of chasing receivables for sellers and mismatched cash outlay and revenue cycles for buyers. ReadyPaid's Trusted Partner Network is about highlighting vendors already using ReadyPaid to help smooth cash flow and drive growth," said Adam Stettner, CEO of FundCanna. "We're giving our vendors more exposure and giving buyers an easy way to find partners who transact with real flexibility and reliability. This is how we accelerate adoption, bringing predictability for cash flow to all parties back to the cannabis supply chain." By listing sellers that transact with ReadyPaid, the Trusted Partner Network makes it easier for buyers to discover trustworthy partners in their market and category. This visibility benefits vendors by connecting them with new customers while reinforcing their credibility in a sector where payment is often a point of friction. The process is easy: once a seller goes live with ReadyPaid, they are added to the Trusted Partner Network with their logo, vertical, and geographic footprint. Buyers can search by state or vertical to identify vendors who transact on ReadyPaid terms, simplifying procurement and expanding choice. Transacting with ReadyPaid is simple and user friendly. FundCanna offers support both online and via phone, the goal is ease of use and simplicity of transactions. Since 2022, FundCanna has funded nearly $250 million to more than 3,400 cannabis businesses, with clients averaging 74% revenue growth post transaction. ReadyPaid is aimed at cannabis operators and the ancillary vendors that serve them nationwide. FundCanna will be at Hall of Flowers in New York City on October 8-9th and IgniteIt in Anaheim, CA also on October 8th. About FundCanna FundCanna is the leading source of non-real estate capital to the cannabis industry. The funding products FundCanna offers are customizable, flexible, renewable and reliable. The financing offered is designed exclusively for cannabis operations and the ancillary companies that support the industry. For more than 20 years, their team of financial experts has created finance products that have provided $20 billion to underserved businesses and individuals across the country. Adam Stettner, founder and CEO, has successfully founded and run finance companies for 20 plus years, earning numerous national awards and recognition notably including EY's Entrepreneur of the Year and seven showings on the Inc. 500/5000. Stettner and his team have focused their efforts exclusively on financing licensed cannabis operators and ancillary providers since 2021. For more information about cannabis financing, visit FundCanna.com. Source: FundCanna

FundCanna Frequently Asked Questions (FAQ)

  • When was FundCanna founded?

    FundCanna was founded in 2021.

  • Where is FundCanna's headquarters?

    FundCanna's headquarters is located at 9530 Towne Centre Drive, San Diego.

  • What is FundCanna's latest funding round?

    FundCanna's latest funding round is Debt.

  • How much did FundCanna raise?

    FundCanna raised a total of $30M.

  • Who are FundCanna's competitors?

    Competitors of FundCanna include Sweet Leaf Madison Capital and 5 more.

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Compare FundCanna to Competitors

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Sweet Leaf Madison Capital

Sweet Leaf Madison Capital provides non-dilutive debt financing for the cannabis industry, offering asset-based loans, equipment financing, and real estate loans. The company lends for cannabis equipment purchases, real estate acquisitions and renovations, and short-term cash needs. Sweet Leaf Madison Capital serves the middle-market cannabis sector. It was founded in 2015 and is based in West Palm Beach, Florida.

B
BGP Advisors

BGP Advisors is a boutique business and financial advisory firm focused on the legal cannabis industry. The company offers strategic and financial consulting services to help cannabis businesses navigate market challenges, optimize resource allocation, and develop robust operational strategies. BGP Advisors primarily serves cultivators, manufacturers, software developers, consultants, and dispensaries within the cannabis sector. It is based in San Francisco, California.

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Ganjapreneur

Ganjapreneur is a media platform that covers the cannabis and hemp industry, providing news, analysis, and resources for cannabis professionals and entrepreneurs. The company offers content including industry news, business resources, event information, and insights into cannabis entrepreneurship and investment. Ganjapreneur provides information on market trends, legal updates, and business opportunities. It was founded in 2014 and is based in Bellingham, Washington.

C
Cannabis Capital Group

Cannabis Capital Group is a consulting and advisory firm focused on the medical cannabis industry. They offer services such as business planning, license application assistance, regulatory compliance management, and investment opportunity curation. The company primarily serves businesses seeking to enter or expand within the medical cannabis sector, healthcare professionals, and investors interested in the medical cannabis industry. It is based in Chicago, Illinois.

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Green Check

Green Check specializes in providing software solutions for the cannabis industry. It focuses on compliance and financial service integration. The company offers a suite of products that facilitate banking, lending, and other financial services for cannabis businesses, as well as compliance and growth software for financial institutions. Green Check primarily serves the cannabis industry, financial institutions, and business service providers seeking to navigate the complexities of cannabis-related commerce. It was founded in 2017 and is based in Bonita Springs, Florida.

Prohibition Partners Logo
Prohibition Partners

Prohibition Partners is a platform that provides information, data analytics, and digital commerce solutions to businesses, investors, and policymakers within the cannabis sector. The company offers insights and tools to assist in navigating this emerging market. It was founded in 2017 and is based in London, England.

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