© 2018 Cannabis Credit Lines
Funding for Your Cannabis Business
Our credit based funding solution can get you the capital your business needs in as little as 2 weeks! When traditional banks say no, we provide a solution to get funding for your Cannabis related Business
We Welcome All Types of Cannabis businesses
The legal cannabis industry generated nearly 9.1 billion in revenue in 2020 and is expected to expand at a compound annual growth rate of 26.7% from 2021 to 2028
Cannabis & Hemp Growers
The Medical and Recreational Marijuana growing industry is set to increase its market size by an annualized rate of 29.5% in the year 2021. (Source)
Marijuana Infused Products
US has legalized the sale of Marijuana and related products in many of its states. In 2020/21 California State made $2.75 Billion Marijuana sales 10% of which were marijuana-infused food and drinks, being the highest in the country. Colorado was ranked 2nd with $1.56 Billion sales. (source)
Cannabis Accessories
In 2021 the Cannabis Equipment and Accessory stores industry is expected to post an annualized 2.8% increase in revenue making the total revenue up to $3.1 billion. (source)
Retail Dispensaries
The marijuana dispensaries in 2020 generated around $24 million in revenue. While a projection on these statistics say that in 2021 the marijuana dispensaries are said to produce over $29 million worth of revenue. (source)
Wholesale
Sales of legal recreational cannabis in the United States were said to be around $22 million. The number of cannabis consumers is likewise expected to grow in the United States: by 2025, the country is projected to have close to 50 million consumers. (source)
Medical Marijuana products
CBD market will grow to a $3.5 billion market in consumer sales by the end of 2021. The growth rate is said to be annualized at 21.8%. (source)
If you have the dream of seeing your cannabis startup become a reality, allowing you to take advantage of this lucrative market, apply for our cannabis business loans which can provide you with the needed funds to get capital in as little as two weeks.
Blogs
Testimonials
Chris
Medical Dispensary Owner
Banks and lenders were asking me for tax returns and bank statements. They said I would only be approved for 10-15% of my income for the prior year. In the end they wouldn't approve me because I was a start up and in a "high risk " industry, until I found Cannabis Credit Lines. Cannabis Credit Lines got my partner and I the money that ultimately helped us successfully launch our new shop! We are extremely satisfied with how easy it was to apply and get approved with Cannabis Credit Lines.
Adam
CBD Oil Manufacturer
Customers were sending me orders and I needed money to fulfill them quickly. After approaching several lenders and getting denied (even though my business had projections and purchase orders), Cannabis Credit Lines was able to obatain the working capital I needed to grow my business.
Emily
Medical Marijuana Edible Baker
I needed the capital for equipment and Cannabis Credit Lines worked with me from start to finish with patience and professionalism that is rarely seen in this industry. I received my funds in 12 days as was initially assessed, thanks CCL!