Ohio Cannabis Loans
- Pursue new opportunities, upgrade operations, support inventory or boost marketing efforts with Ohio cannabis loans.
- Apply today to unlock working capital that supports your cannabis business goals without restrictions
- Close the cash flow gap within your company or bridge the financing divide between your short-term and long-term goals.
Stay ahead of the curve - get access today!
Get in touch now and harness the power of our full cannabis product suite.
Fueling
Ohio
Cannabis Businesses
Looking for Ohio Cannabis Loans? You’ve landed in just the right place. On this page, we’ll cover everything you need to know about cannabis financing in Ohio. We’re excited to help you grow and scale with confidence.
WHY UPWISE FOR
CANNABIS LOANS IN OHIO
In-depth compliance support to help you thrive in Ohio’s growing market
Flexible repayment terms for cultivators, dispensaries, and ancillary firms
Rapid approvals with minimal red tape for Ohio-based cannabis ventures
Customized loan options aligned with the state’s medical and emerging adult-use potential
Ohio
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
Ohio?
Ohio legalized medical cannabis in 2016. Patients with qualifying conditions must be 18+ and register with the program. Recreational cannabis use remains illegal in the Buckeye State (at least for now). The Ohio Medical Marijuana Control Program (MMCP) manages regulations for medical use and licensing.
How to Get a Cannabis License in
Ohio?
Ohio offers various license types, such as cultivator, processor, testing lab, and dispensary. Application fees differ for each category, and the Ohio Department of Commerce, along with the State of Ohio Board of Pharmacy, oversees licensure. Applicants undergo background checks, prepare good business plans, and ensure compliance with local ordinances. It’s a pretty detailed process, so staying organized is the name of the game.
Upwise Capital: Your Partner in Growing
Ohio
Cannabis Ventures
Kristin Cronin Jimenez
4 months ago
Mason was amazing! He helped to get me the funding that I needed for my business. He made the entire process easy and understandable. I appreciate his efforts and was very pleasant to speak with.
Venson Saviory
5 months ago
Thank you Mike for being very helpful from the beggining. He took action on approval odds that would best fit my needs and got me approved less than 24 hrs. I’m very appreciative.
david weiner
5 months ago
I worked with Craig Milch to obtain funding for our Cannabis business. He was very helpful, professional, and made the process quite simple.
Kwon Jason
6 months ago
Leo helped me from the beginning and to the end of this whole process. He helped me to feel at ease and is highly reliable. Thank you.
Window Depot USA of NY
6 months ago
Good Job
Brian Hallum
7 months ago
Mason Stoner was professional, helpful, and expedient. He worked to get us a deal that made sense. I appreciate his assistance.
AnaheimAuto
7 months ago
Mason Stoner was extremely helpful in getting my line of credit approved quickly. The process was smooth, fast, and stress-free thanks to his guidance and professionalism. I really appreciate how responsive and efficient he was throughout the entire process. Highly recommend working with him!
Trisha Smith
10 months ago
Working with Mike Kowal was truly an exceptional experience from start to finish. He was personable, highly responsive, and consistently communicative, taking the time to educate me throughout the entire process so I fully understood what was happening at every step.
What truly set Mike apart was his honesty. He reviewed multiple lender options with me in a fair, transparent way, walking me through the pros and cons of each and helping me understand every angle. He encouraged me to move forward only with what felt right for my business, never once making me feel pressured to choose him or Upwise. That level of professionalism is rare.
Mike also worked hard to build genuine personal rapport — something no other representative I spoke with did. He took the time to understand my business, explored different paths, and made sure I felt confident and comfortable throughout the decision-making process.
The follow-up from Mike and every member of his team has been above and beyond anything I’ve experienced with other lenders. Every interaction feels thoughtful, client-focused, supportive and most important- genuine. I’m incredibly grateful for the experience and would confidently recommend Mike to anyone looking for a knowledgeable, ethical, and truly client-first lending partner.
HMP Wholesale
11 months ago
Convenient and aggressively priced rates - beats the market. Craig was great at speeding up the process and making it smooth.
brandon banks
11 months ago
I was able to secure a business loan in an industry that typically has a hard time getting approved. Craig and the team at Upwise made it happen from start to finish. Professional, responsive, and results-driven. A+ experience all around!
Stephanie Terrelonge
1 year ago
Upwise Capital and Daniel Joseph were great in helping me obtain financing and grow my janitorial business. Mr. Joseph is quick, efficient and professional. Funding was complete in just a few hours. Daniel is very detailed and easy to work with. He stuck with me from beginning to end. Thank you Upwise Capital and Daniel for helping to expand my business. I appreciate all your help.
AA Fishing Charter Aquaholics Aknotymous
1 year ago
The rates for loans are horrible, and if you disagree with them, they get angry and hang up on you lol. It is clear they are in business to get the best deal for themselves, not the customer. Leo Lamb, one of their funding managers comes across like a used car salesman. When I called them out for their shady practices, he got very aggravated.
Update: Leo contacted me, and after basically insulting me concerning their prior behavior, I decided to let them run my application. After being ghosted for the day, they finally came back and denied due to another loan my business was involved in. These people get their feelings hurt way to easy to be in this business. I would not recommend this company to anyone.
Stacy Aleixo
1 year ago
The process was very simple and fast! Craig is a pro and helped so much during what I thought would be a stressful transaction. As we know it’s so hard to receive funding for cannabis, or so I thought! I highly recommend Upwise Capital.
Tim Richards
2 years ago
Best loan offer. Very happy. Very nice people. Easy to work with
Brandon Franklin
2 years ago
Joe is the man and has an amazing team! Couldn’t recommend more!
Jonathan F
3 years ago
Timely efficient, def would work with again, made the processs easy
Hatchet's & More
3 years ago
ETC 4 DISPATCH Logistics
3 years ago
Absolutely great customer service. Jim is such a professional and was able to get us funding. Thanks Jim and Upwise Capital.
Nothing But Hemp
3 years ago
Donna Essner
3 years ago
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
3 years ago
Leo provided a very quick turn around and is a pleasure to work with !
Alba De La Cruz
3 years ago
I worked with Leo. He is very attentive and professional.
Mohamed Khanafer
3 years ago
Craig made himself available all the time, he was very attentive, professional and easy to work with. Highly recommend!
Tammy Sockwell
3 years ago
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
3 years ago
Leo got us a line of credit loan very quickly to help with expenses we incurred during our new business building purchase.
Mike Maffei
3 years ago
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
4 years ago
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!
Hussein Wehbe
5 years ago
How Can I Use My Cannabis Loan?
Upgrading Equipment & Infrastructure
Install enhanced security with cameras and alarms.
Remodel facilities for compliance and better workflow.
Acquire extraction or processing machinery that boosts output.
Modernize your HVAC and lighting systems for efficient growth.
Simplifying Day-to-Day Operations
Rest easy with Ohio cannabis funding that supports payroll, rent, and those pesky unexpected expenses. Even if you’re curious about cannabis loans in Arizona or other states, we can guide you on multi-state operations. By securing a steady cash flow, you can adapt quickly and invest in the future without sweating daily budgets.
Expanding Your Retail Footprint
Hire extra staff for top-notch customer service.
Launch targeted marketing that gets people talking.
Add new product lines for increased revenue.
Improve store layout for smoother traffic and increased sales.
Do Banks Lend to Cannabis in
Ohio?
Banks generally shy away from cannabis because it’s still classified as a Schedule I substance at the federal level. This tug-of-war between state and federal laws leaves a gap most traditional lenders won’t fill. That’s why Upwise Capital offers Ohio cannabis financing solutions, paving the way for you to scale without tackling every regulatory hurdle alone.
How to Apply for a Cannabis
Loan in
Ohio
- Flexible access to funds when needed, with interest payments only on the amount drawn.
- Compare multiple offers from the top cannabis lenders in our network.
- Receiving experienced support to help navigate through the cannabis funding process.
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
Ohio
Cannabis Financing: FAQ
Ohio’s expanding medical and potential adult-use markets create a prime setting for both established and budding cannabis ventures. At Upwise Capital, we streamline the financing process—eliminating unnecessary complexity and delays. Our customized loan structures address real estate acquisitions, equipment purchases, and working capital needs, ensuring your resources are committed where they matter most. From application to funding, our dedicated team offers guidance to keep your operation compliant, efficient, and ready for the next phase of growth in the Buckeye State.
Why Upwise for
Ohio 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.
