FundCanna raises a $60.0M Other round

FundCanna is a San Diego-based specialty finance platform that provides working capital, equipment, vendor, dispensary, and inventory loans to cannabis operators across the United States. Founded by Adam Stettner, the company underwrites the full cannabis supply chain — multi-state operators, manufacturers, distributors, and retailers — and also runs ReadyPaid, a buy-now-pay-later product aimed at the multibillion-dollar pool of delinquent receivables in cannabis wholesale. It has originated more than 5,000 transactions and deployed over $250M since launch.