Which cities in South Dakota do you offer cannabis funding?

Upwise Capital works with cannabis companies statewide. Whether you’re based in a bustling city or a quiet town, we’re here to help. We serve: Sioux Falls Rapid City Aberdeen Brookings Watertown Mitchell Yankton Pierre Huron Spearfish Box Elder Brandon Vermillion Sturgis Madison Belle Fourche Harrisburg Tea Canton Dell Rapids Aberdeen Winner Milbank Redfield Hot Springs Custer Hartford Deadwood Sisseton Chamberlain Mobridge Lead Parkston North Sioux City Elk Point Gettysburg Groton Hill City Lake Norden Ipswich Volga De Smet Baltic Garretson Gregory Miller McLaughlin Whitewood …and many more. Wherever you are, we’re ready to support your cannabis business.

UPWISE CANNABIS FINANCING

South Dakota Cannabis Loans

Pursue new opportunities, upgrade operations, support inventory or boost marketing efforts with South Dakota 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.

Name(Required)

Company(Required)

Annual Revenue(Required)

Phone(Required)

Email(Required)

Time in Business(Required)

Credit Score(Required)

Business Type(Required)

Use of Funds(Required)

Fueling

South Dakota

Cannabis Businesses

Looking to scale your cannabis business in the Mount Rushmore State? You’ve come to the right place. On this page, we’ll cover everything you need to know about securing cannabis financing in South Dakota, so you can focus on growth, compliance, and customer satisfaction.

WHY UPWISE FOR

CANNABIS LOANS IN SOUTH DAKOTA

We streamline South Dakota cannabis financing with quick approvals and zero hassle.

Our South Dakota cannabis funding adapts to your unique business needs.

Experience friendly service for all South Dakota dispensary loans and cannabis ventures.

Expect clear terms and hands-on guidance every step of the way.

South Dakota

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.

Working Capital

Keep your operations running smoothly with an influx of cannabis working capital. This flexible funding allows you to cover payroll, inventory, taxes, and more.

Line of Credit

A cannabis line of credit gives you on-demand access to funding as you need it. Draw from your credit line to manage cash flow gaps and seize opportunities.

Term Loan

Capitalize on your big growth plans with a cannabis term loan. Get a lump sum of capital to acquire assets or fund major expenditures.

Equipment Financing

Afford the latest cultivation, extraction and processing equipment. Build out your operation with cannabis equipment financing solutions.

Real Estate Loans

Purchasing, refinancing, or building out cannabis properties can grow your business with competitive rates and terms tailored to your investment needs.

Sale-Leasebacks

Unlock cash from your owned real estate through a cannabis sale-leaseback. Reinvest that capital into expanding operations while keeping your facility.

Has Cannabis Been Legalized in

South Dakota?

South Dakota voters approved medical cannabis in November 2020. As of now, medical marijuana is legally accessible for patients with qualifying conditions, and adult-use remains under review. The minimum age for medical patients is 18, with valid state-issued medical ID. Because legal frameworks continue to evolve, staying informed and financially prepared is essential.

How to Get a Cannabis License in

South Dakota?

South Dakota offers medical cannabis licenses for organizations that cultivate, manufacture, and dispense products. License application fees vary by the type of license sought. You’ll apply through the South Dakota Department of Health, providing background checks, business plans, security measures, and proof of finances. The process can take time and effort—being thorough and organized can help you stand out.

Upwise Capital: Your Partner in Growing

South Dakota

Cannabis Ventures

Upwise Capital

4.9

review us on

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

ETC 4 DISPATCH Logistics

20:43 13 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?

Upgrading Equipment & Infrastructure

Improve lighting, irrigation, and climate systems.

Strengthen site security to meet state compliance.

Invest in extraction or processing machinery.

Expand existing facilities for higher output.

Managing Day-to-Day Operations

A cannabis loan in South Dakota helps you cover routine expenses like rent, payroll, and product replenishment. Securing stable cash flow means you can invest more energy in compliance, growth strategies, and serving your community.

Enhancing Dispensary Potential

Onboard and train staff in patient care and compliance.

Access South Dakota dispensary loans to diversify your product range.

Redesign your storefront for a welcoming customer experience.

Launch marketing initiatives to boost brand visibility.

Do Banks Lend to Cannabis in

South Dakota?

Although South Dakota has legalized medical cannabis, the federal Schedule I status creates conflicts that keep many banks from lending to the industry. This disconnect makes it tough to find traditional funding. Upwise Capital fills the gap by offering cannabis financing in South Dakota—eliminating the guesswork so you can confidently move forward.

How to Apply for a Cannabis

Loan in

South Dakota

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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Company(Required)

Annual Revenue(Required)

Phone(Required)

Email(Required)

Time in Business(Required)

Credit Score(Required)

Business Type(Required)

Use of Funds(Required)

South Dakota

Cannabis Financing: FAQ

Definitely! Traditional banks might hesitate, but alternative lenders like Upwise Capital focus on South Dakota cannabis loans for properly licensed operators.

Begin by completing our short online application. We’ll need documents like financial statements, proof of licensing, and identification. Approval can occur in as few as 24 hours.

Smaller loan types—like working capital—can fund in a single day via direct deposit. Larger products, such as real estate financing or construction loans, may take a few weeks due to extra diligence.

Understanding the unique challenges of the cannabis industry, Upwise Capital offers a comprehensive suite of financing solutions designed specifically for cannabis businesses. Whether you need working capital for growth, equipment financing for expansion, or real estate funding for your next location, our flexible options adapt to your business needs and cash flow.

Upwise Capital works with cannabis companies statewide. Whether you’re based in a bustling city or a quiet town, we’re here to help. We serve:

Sioux Falls
Rapid City
Aberdeen
Brookings
Watertown
Mitchell
Yankton
Pierre
Huron
Spearfish
Box Elder
Brandon
Vermillion
Sturgis
Madison
Belle Fourche
Harrisburg
Tea
Canton
Dell Rapids
Aberdeen
Winner
Milbank
Redfield
Hot Springs
Custer
Hartford
Deadwood
Sisseton
Chamberlain
Mobridge
Lead
Parkston
North Sioux City
Elk Point
Gettysburg
Groton
Hill City
Lake Norden
Ipswich
Volga
De Smet
Baltic
Garretson
Gregory
Miller
McLaughlin
Whitewood
…and many more. Wherever you are, we’re ready to support your cannabis business.

Yes! We have a referral partner program that compensates you for successful referrals. To learn more, please visit:
https://upwisecapital.com/cannabis-financing/cannabis-partners/
Fill out the form, and a member of our team will get in touch to discuss the next steps.

When you’re ready to pursue South Dakota cannabis loans, count on Upwise Capital, your #1 trusted partner. We’ll make the financing process straightforward, offer flexible terms, and help you stay focused on providing top-tier medical cannabis solutions to patients across the Mount Rushmore State. Don’t wait—apply today to set your business on a clear path to growth and success.

Cannabis Equipment Financing

South Dakota Cannabis Loans

Stay ahead of the curve - get access today!

Fueling

South Dakota

Cannabis Businesses

South Dakota

Cannabis Business Loan Products

Working Capital

Line of Credit

Term Loan

Equipment Financing

Real Estate Loans

Sale-Leasebacks

Has Cannabis Been Legalized in

South Dakota?

How to Get a Cannabis License in

South Dakota?

Upwise Capital: Your Partner in Growing

South Dakota

Cannabis Ventures

How Can I Use My Cannabis Loan?

Upgrading Equipment & Infrastructure

Managing Day-to-Day Operations

Enhancing Dispensary Potential

Do Banks Lend to Cannabis in

South Dakota?

How to Apply for a Cannabis

Loan in

South Dakota

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

South Dakota

Cannabis Financing: FAQ

Why Upwise for

South Dakota Cannabis Funding

LOANS & FINANCING