Tech Company Financing Transactions
FundCanna Funding Round
Private investors participated in a $60 million funding round for FundCanna. The round was announced on 5/21/2026.
Transaction Overview
Company Name
Announced On
5/21/2026
Transaction Type
Debt
Amount
$60,000,000
Round
Undisclosed
Investors
Proceeds Purpose
With the new facility, the company will expand its platform across larger multi-state operators and established cannabis brands, particularly those focused on scaling wholesale distribution.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
420 Stevens Avenue 120
Solana Beach, CA 92075
USA
Solana Beach, CA 92075
USA
Phone
Website
Email Address
Overview
You know the art and science, the ins and outs of the cannabis industry. This is your passion, your pursuit. You believe the sky's the limit, but you keep bumping up against a ceiling -- working capital. Yes, state laws are trending in the right direction, but until the federal government legalizes marijuana the banks won't do business with you. Our cannabis funding products are flexible and designed to service the unique needs of this amazing space. Not only do we have the experience and resources you need to succeed, we share your passion for this industry. We believe in this movement, and are on a mission to hurdle it forward.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Stettner
Chief Operating Officer
Eric Kaufman
Chief Technical Officer
Cagdas Ucar
Controller
Shad Butte
Executive Vice President
Joel Rose
VP - General Counsel
Mike Henshaw
VP - Marketing
JP Lagos
VP - Sales
Sal Castaneda
VP - Sales
Ryan Freitas
VP - Sales
Bill Gallagher
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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