Connecticut Cannabis Loans

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Fueling

Connecticut

Cannabis Businesses

Looking for Connecticut Cannabis Loans? You’ve come to the right place. On this page, we’ll cover everything you need to know about cannabis financing in Connecticut. We’re here to help you secure the funding you need so you can focus on what matters most—growing your business.

WHY UPWISE FOR

CANNABIS LOANS IN CONNECTICUT?

Capture new opportunities as they arise with efficient underwriting and streamlined approval processes.
Secure competitive terms that adapt to both rural and urban market demands across the Constitution State.
Navigate Connecticut’s distinct compliance requirements with targeted support, helping you avoid penalties and delays.
Address Connecticut’s newly regulated adult-use market with rapid funding designed for dispensaries, cultivators, and ancillary services.

Connecticut

Cannabis Business Loan Products

Explore our suite of flexible cannabis business loan products designed to provide the capital you need to expand, upgrade and outpace the competition.

Has Cannabis Been Legalized in

Connecticut?

Yes. Medical cannabis was approved back in 2012. Recreational use was officially legalized in June 2021 for adults 21 and older. Both medical and recreational markets are now regulated by the Connecticut Department of Consumer Protection (DCP), ensuring a structured framework for licensed operations.

How to Get a Cannabis License in

Connecticut?

Connecticut offers several license types, such as cultivator, micro-cultivator, retailer (dispensary), product manufacturer, and more. Fees differ depending on the license category, and oversight belongs to the Connecticut Department of Consumer Protection (DCP). Applicants typically need robust business plans, background checks, and zoned locations that meet specific regulations. It’s a detailed process, so plan carefully and stay organized.

Upwise Capital: Your Partner in Growing

Connecticut

Cannabis Ventures

4.9
powered by Google
Jonathan F
21:12 08 Apr 24
Timely efficient, def would work with again, made the processs easy
Hatchet's & More
13:24 20 Mar 24
Absolutely great customer service. Jim is such a professional and was able to get us funding. Thanks Jim and Upwise Capital.
Nothing But Hemp
20:13 08 Mar 24
Donna Essner
20:45 06 Mar 24
Craig went above and beyond to get this deal done! I would highly recommend UpWise Capital if you're looking for a broker to get investors onboard.
Merideth Cann
02:30 21 Feb 24
Leo provided a very quick turn around and is a pleasure to work with !
Alba De La Cruz
01:16 17 Jan 24
I worked with Leo. He is very attentive and professional.
Mohamed Khanafer
22:37 02 Nov 23
Craig made himself available all the time, he was very attentive, professional and easy to work with. Highly recommend!
Tammy Sockwell
11:09 06 Oct 23
We worked with Leo for our line of credit. We are a trucking company an can be a challenge to secure financing. The process was smooth and fast funding. Our only complaint would be that Leo was a little impatience when it came to our decision making. We are very thankful for the funding and would do business with them again. Thanks,
Upwise
Sharon Johnson
14:57 18 Jul 23
Leo got us a line of credit loan very quickly to help with expenses we incurred during our new business building purchase.
Mike Maffei
14:40 20 Jun 23
You are always hesitant when working with a finance firm to borrow money to grow your company But, I highly recommend Upwise Capital. Lou and Marc went out of their way to ensure everything was taken care of. Very professional in all steps taken to secure the financing I needed. I look forward to continuing the business relationship.
Niyetroshia Thomas
15:17 06 Jun 22
I rarely write reviews, but my experience with Leo was absolutely. Leo was patient, knowledgeable, and extremely responsive. During a hectic work week he continued to bare with me to be sure that i had all the information I was requesting. He got me the capital I needed within one day. I highly recommend this company!

How Can I Use My Cannabis Loan?

ancillary cannabis businesses

Upgrading Equipment & Infrastructure

Modernize your grow lights, HVAC, and irrigation.
Renovate and optimize your space for peak efficiency.
Implement reliable security systems for full compliance.
Add cutting-edge extraction and processing technology.

Simplifying Day-to-Day Operations

A steady stream of cannabis loans in Connecticut can help you handle everyday expenses like payroll, rent, and surprise costs. With enough working capital, you’ll pivot quickly when market conditions change or fresh opportunities arise. It’s all about giving you the freedom to focus on long-term success rather than short-term patchwork.
cannabis business financing
cannabis loans

Growing Your Dispensary

Hire additional staff to manage increased demand.
Invest in a fresh store layout to enhance customer flow.
Extend product lines for Connecticut dispensary loans impact.
Launch marketing campaigns that set you apart from the competition.

Do Banks Lend to Cannabis in

Connecticut?

Traditional banks often shy away from the cannabis world because it’s still a Schedule I substance at the federal level. This federal-state disconnect leaves many entrepreneurs needing alternative financing options. That’s where Upwise Capital steps in, offering Connecticut cannabis funding solutions adapted to your goals—not limited by outdated restrictions.

How to Apply for a Cannabis

Loan in

Connecticut

Act Now and Benefit from an 85% Approval Rate for Your Funding Needs!

Supporting Success: The Role of Cannabis Businesses in Driving Growth and Innovation

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Connecticut

Cannabis Financing: FAQ

Absolutely! With so many banks still concerned about federal regulations, alternative lending is a solid choice. Upwise Capital excels in Connecticut cannabis funding—we have the expertise and flexibility you need.

Start with our simple online application. We’ll need standard items like financial statements, licensing details, and identification documents. You could get approved in as little as 24 hours, which means you don’t waste any time.

For working capital and lines of credit, you might see same-day funding through direct deposit. Larger options—like real estate financing or construction—usually wrap up in a few weeks. Either way, we’ll keep you in the loop every step of the way.

As a leader in cannabis business funding, Upwise Capital delivers flexible financing solutions that grow with your business. We recognize that cannabis entrepreneurs need more than traditional lending options, which is why we’ve built a comprehensive portfolio of funding products. Each solution is structured to support your specific business goals while navigating industry regulations.

We’re proud to provide cannabis financing in Connecticut for every corner of the Nutmeg State—big cities and small towns alike. Below is a list of key cities (though we serve them all, including unincorporated communities):

  1. Bridgeport
  2. New Haven
  3. Hartford
  4. Stamford
  5. Waterbury
  6. Norwalk
  7. Danbury
  8. New Britain
  9. West Hartford
  10. Bristol
  11. Meriden
  12. Milford
  13. West Haven
  14. Middletown
  15. Norwich
  16. Shelton
  17. Torrington
  18. Naugatuck
  19. New London
  20. Ansonia
  21. Derby
  22. Groton
  23. Wethersfield
  24. Southington
  25. Cheshire
  26. Windsor
  27. Manchester
  28. Enfield
  29. East Hartford
  30. Stratford
  31. Glastonbury
  32. Wallingford
  33. Farmington
  34. Fairfield
  35. Trumbull
  36. Hamden
  37. Branford
  38. Bristol
  39. Guilford
  40. Ledyard
  41. Plainville
  42. Torrington
  43. Tolland
  44. Vernon
  45. Bloomfield
  46. Simsbury
  47. Candlewood Lake communities
  48. All other towns and municipalities across Connecticut

No matter where you are, we’re ready to help your cannabis enterprise thrive.

Yes! Upwise offers a referral partner program complete with compensation for referrals. To learn more, simply visit our partner page here: https://upwisecapital.com/cannabis-financing/cannabis-partners/
Fill out the form, and someone from our team will get back to you pronto.

cannabis business loans in connecticut
Connecticut’s cannabis regulations are evolving quickly, creating a fertile ground for both established and up-and-coming operators. With Upwise Capital’s specialized financing solutions, you can secure the capital needed for real estate purchases, equipment investments, or working capital—all while staying compliant. Our industry expertise, combined with flexible repayment terms and fast-track approvals, allows you to focus on building a successful enterprise in the Constitution State.

Why Upwise for

Connecticut Cannabis Funding

Quick & easy application

Our simple 15-minute application gets you on your way to funding quickly. Most applicants receive a fast decision within hours of applying. Then just choose your loan terms and you could have funds deposited into your account as soon as 24 hours.

Ensure you make the wise choice

Every Upwise applicant gets a dedicated funding advisor who takes the time to understand your business and it's unique needs. We are here for your support throughout the entire funding process.

Access multiple financing options

Upwise has an extensive product suite and a network of 100+ lenders. This means you're more likely to find the best match for your funding needs.

cannabis loans