CANNABIS FINANCING IN CALIFORNIA
CANNABIS LOANS FOR CALIFORNIA
California continues to have some of the highest cannabis revenues in the industry with large cities like San Diego, Los Angeles, San Francisco, and Sacramento, and we can help make sure you have all the right tools to succeed. Apply today and see how Canna Business Resources can help with your cannabis financing needs in California.
Who can Finance a Cannabis Business Loan?
Right now, there aren’t a lot of options for cannabis financing in California. Banks are prohibited from dealer with cannabis related funding, limiting your options. Luckily, Canna Business Resources has the assets available for you to use, with financing terms that can be customized to directly fit your needs. View our services or book an appointment to learn more about your options.
Is Marijuana legal in California?
Yes, marijuana is legal in California if you are over the age of 21. While medical marijuana has been legal since 1996, recreational marijuana became legal in California in 2016.
Opening a Dispensary in California
Opening a dispensary has many legal and financial obstacles that you will need to overcome, but with the industry experiencing growth and many cannabis businesses opening, now could the perfect time to start. Below are some steps you can follow if you plan on opening your own dispensary in California. Keep in mind, there will most likely be more steps than this, but we feel this will help you get started in the right direction.
- Begin researching and then establish your cannabis business plan.
- Start the dispensary licensing and application process.
- Work on getting financing or a cannabis business loan.
- Begin building your team with trusted workers
- Look for a location/real estate for your cannabis business.
- Open your new dispensary!
For a more in depth look at the steps involved, check out our blog post on how to open a dispensary.