Understanding Cannabis Funding and Accessing Capital

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Adam Stettner, CEO of FundCanna, joins Guillermo to discuss the financial challenges faced by small businesses in the cannabis industry. Adam highlights the underbanked nature of the industry and the difficulties in accessing traditional bank loans for cannabis funding due to stringent regulations. He explains how FundCanna provides flexible funding solutions to meet the unique revenue cycles and cash flow needs of cannabis businesses. The conversation also touches on the potential impact of cannabis rescheduling on taxes.

“I am a finance guy. I love math, and I love problem solving. My goal is to listen and learn, study an industry, and then try to design products that fits whatever pain or gap I am being told exists. My job is not to tell someone what to do or how to run their business. My job is to provide the money they need to achieve their goals or objectives.”
Adam Stettner, CEO of FundCanna

Listen and Learn

Challenges faced by small businesses in accessing capital
Underbanked nature of the cannabis industry
Role of alternative lenders in providing capital to businesses
Factors to consider when seeking capital
Time constraints in obtaining funding
Capital needs of businesses in the cannabis industry
Aligning financing options with unique revenue cycles
Right-sizing funding based on business needs
Potential impact of cannabis rescheduling and tax regulations

Episode Resources

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