By 420 Intel on Tuesday, 19 August 2025
Category: Cannabis News

FundCanna Launches First B2B BNPL for Cannabis

SAN DIEGO, August 18, 2025 (Newswire.com) - FundCanna, the leading source of capital to the regulated cannabis industry, today officially launched ReadyPaid™, the first fully operational and automated Buy Now, Pay Later (BNPL) platform tailored exclusively for business in the cannabis sector. The platform addresses more than $4 billion in delinquent receivables across the $35 billion legal market, giving sellers instant payment and buyers flexible terms that match their revenue cycles.

As cannabis companies continue to struggle with limited banking access and rising capital costs, ReadyPaid offers a non-dilutive, tech-forward solution that improves cash flow without adding operational friction. The system delivers credit decisions in under four minutes through automated compliance and background checks.

"We built ReadyPaid to do one thing better than anyone else: fix the broken payment cycle holding back the cannabis industry," said Adam Stettner, CEO of FundCanna. "It's clear cannabis isn't just facing a banking problem: it's facing a liquidity crisis. ReadyPaid gives both sides of a transaction exactly what they need: sellers get paid instantly, and buyers get the time they need to pay on terms that match their revenue cycle.

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