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FundCanna $60 million credit facility brings institutional capital into cannabis lending, helping expand funding access across the cannabis supply chain.

The cannabis industry has long struggled with limited access to traditional financing. With federal restrictions still in place, many businesses are left to navigate an uneven playing field when it comes to working capital. This week, FundCanna announced a first-of-its-kind solution: an automated business-to-business (B2B) Buy Now, Pay Later (BNPL) platform designed specifically for cannabis companies.