Industry Solutions
Funding for Licensed Cannabis and CBD Operators
Most lenders won't touch cannabis. We fund compliant operators with the capital they need to grow — legally and confidently.
Check Your EligibilityOverview
CBD & Cannabis Business Funding
The cannabis and CBD industry has a banking problem. Despite state legalization and federal CBD legality (under the 2018 Farm Bill), most banks and traditional lenders refuse to work with cannabis-adjacent businesses. This leaves compliant, licensed operators — many generating millions in annual revenue — without access to the basic financial tools every other industry takes for granted: lines of credit, equipment financing, and growth capital.
Granton Hale Capital is one of the few funding sources that actively serves the legal cannabis and CBD industry. We work with licensed dispensaries, cultivators, processors, CBD product manufacturers, and hemp-derived product companies that operate in full compliance with state regulations. We don't treat cannabis as a reputational risk — we treat it as a high-growth industry with unique funding needs.
Our cannabis and CBD clients use funding for cultivation equipment (lighting, HVAC, irrigation), processing and extraction equipment, dispensary buildouts, inventory purchasing, compliance and security infrastructure, and working capital to manage the cash-intensive nature of an industry where traditional payment processing is often unavailable or expensive.
Challenges
Industry Pain Points We Solve
Banking Access Restrictions
Most banks refuse to serve cannabis businesses, forcing operators to rely on expensive cannabis-specific banking, limited payment processing options, and cash-heavy operations that increase security costs and operational complexity.
Capital-Intensive Licensing and Build-Out
Cannabis licenses in competitive markets cost $50K–$500K+, and facility build-outs (grow rooms, extraction labs, dispensary retail) require $200K–$2M+ before generating a single dollar of revenue.
Compliance and Security Costs
Seed-to-sale tracking systems, security cameras, alarm systems, vault storage, and regulatory compliance create ongoing expenses of $50K–$200K+ annually that other industries don't face.
Section 280E Tax Burden
Federal tax code Section 280E prohibits cannabis businesses from deducting ordinary business expenses, resulting in effective tax rates of 40–70%+ that create massive cash-flow pressure unlike any other legal industry.
Solutions
Funding Options for Your Business
We match you with the funding product that best fits your industry and specific needs. View all solutions
Working Capital
Fund inventory purchases, cover operational expenses, and manage the cash-flow demands of a cash-intensive industry with limited banking access.
Equipment Financing
Finance cultivation equipment (LED lighting, HVAC, irrigation), extraction systems, packaging equipment, and dispensary fixtures.
Term Loans
Structured financing for facility build-outs, licensing costs, and expansion into new markets or product lines.
Lines of Credit
Flexible credit for managing variable inventory costs, seasonal demand fluctuations, and compliance-related expenses.
Use Cases
How Our Clients Use Funding
Build Out a New Cultivation or Dispensary Facility
Fund the construction, equipment, and licensing costs of opening a new grow operation or retail dispensary location.
Purchase Cultivation or Extraction Equipment
Finance LED lighting systems, commercial HVAC, CO2 extraction equipment, or packaging lines to increase production capacity and product quality.
Stock Dispensary Inventory
Purchase flower, concentrates, edibles, and CBD products from licensed producers to maintain the product variety that drives dispensary traffic.
Fund Compliance and Security Infrastructure
Install seed-to-sale tracking systems, security cameras, access control, and vault storage required by state regulators.
FAQ
Frequently Asked Questions
Do you really fund cannabis businesses? Most lenders say no.
Yes. We actively fund licensed, state-compliant cannabis and CBD businesses. We work with dispensaries, cultivators, processors, and CBD product companies. We verify state licensing and compliance as part of our underwriting but do not treat cannabis as an excluded industry.
Do I need to be fully licensed to apply?
Yes. We require active state licensing for cannabis businesses. We verify your license status, compliance history, and operational standing as part of the application process. CBD businesses operating under the 2018 Farm Bill with compliant hemp-derived products do not need cannabis-specific licensing.
How does 280E affect my ability to get funded?
We understand that Section 280E creates artificially low net income for cannabis businesses by disallowing standard deductions. Our underwriting looks at gross revenue and operational cash flow rather than taxable income, so 280E doesn't penalize your application the way it does with traditional lenders who rely on tax returns.
Can CBD companies with no THC products also apply?
Absolutely. CBD and hemp-derived product companies that comply with the 2018 Farm Bill face fewer restrictions than THC cannabis businesses. We fund CBD manufacturers, wholesalers, and retailers with the same products available to other industries — often with faster approval timelines.
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Ready to Get Funded?
30-second application. No hard credit pull. Decisions in as little as 3 hours.
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