CANNABIS FINANCING IN COLORADO
CANNABIS LOANS FOR COLORADO
Being one of the first states to legalize recreational marijuana, Colorado continues to have some of the highest cannabis revenues in the industry with large cities like Denver, Colorado Springs, and Boulder, 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 Colorado.
Who can Finance a Cannabis Business Loan?
Right now, there aren’t a lot of options for cannabis financing in Colorado. 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 Colorado?
Yes, marijuana is legal in Colorado if you are over the age of 21. Recreational marijuana became legal in the winter of 2012, becoming one of the first states to legalize marijuana for recreational use.
Opening a Dispensary in Colorado
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 Colorado. 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.