top of page

FundCanna Launches First Automated B2B “Buy Now, Pay Later” Platform for Cannabis Industry

fundcanna


First Automated B2B “Buy Now, Pay Later” Platform for Cannabis Industry


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.


According to the announcement, this marks the industry’s first fully automated BNPL program, allowing cannabis businesses to manage vendor payments and supply chain purchases more efficiently. The platform is built to handle the compliance and regulatory complexities unique to the cannabis sector, while giving operators the kind of flexible financing solutions that mainstream industries already take for granted.


The move comes at a critical time. Cannabis operators across the U.S. continue to face cash flow challenges due to banking limitations, high taxes, and slow payment cycles. Traditional lenders are largely absent from the space, leaving companies dependent on private financing or vendor terms. FundCanna’s BNPL program effectively bridges that gap, empowering businesses to delay payments, preserve liquidity, and focus on growth.


This launch also positions FundCanna at the intersection of two fast-growing trends:

  • Cannabis financing, a niche with rising demand but little institutional support.

  • BNPL services, which have surged across consumer and business markets as companies seek flexibility in managing short-term obligations.


FundCanna’s founder and CEO, Adam Stettner, emphasized that the program is not just about extending credit, but about creating operational stability for cannabis businesses. By leveraging automation and technology, the company hopes to scale quickly while reducing friction between buyers and sellers in the industry.



Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
Copy of Funder Intel Ad 08.10.2023.gif
bottom of page