Suggestions
Adam Stettner
CEO of FundCanna
Professional Background
Adam Stettner is a recognized leader in the financial services industry, with a career spanning over two decades that showcases his exceptional ability to create and grow innovative funding solutions tailored for underserved markets. After an impressive 14 years at the helm of Reliant Funding, where he successfully transformed the company into one of the largest small business funding firms in America, Adam identified a unique opportunity within the rapidly expanding Cannabis sector. In September 2021, he founded FundCanna, a pioneering financial services company dedicated to meeting the diverse financial needs of the cannabis industry.
Under Adam's leadership, FundCanna aims to empower cannabis businesses and their vendors by providing simple, flexible financing options that cultivate growth and enhance cash flow. With the cannabis sector recognized as one of the fastest-growing industries in the United States, FundCanna plays a crucial role in giving cannabis entities the capital they need to thrive in a challenging economic landscape. Adam's vision and industry experience have led to significant partnerships and financial solutions that make it easier for cannabis businesses across the nation to access essential funding.
Adam's expertise is evident in the impressive track record he and his team have established, having facilitated over $6 billion in funding to more than 200,000 businesses nationwide and reviewed nearly a million small business financial files. Additionally, through various initiatives and programs, they have provided $14 billion in education loans to individual borrowers, further solidifying their commitment to underserved markets.
Education and Achievements
Adam Stettner is a graduate of the University of Maryland, where he earned his Bachelor's Degree. He honed his financial acumen through the Executive Program in Finance at Columbia Business School, equipping him with the knowledge and skills to effectively lead organizations in the financial services industry.
His outstanding contributions to the business community have not gone unnoticed. Adam has been honored as a finalist for the Most Admired CEO by the San Diego Business Journal for five consecutive years. Additionally, he has made the publication's list of 500 Most Influential Business Leaders from 2016 to 2021, reflecting his significant impact on the industry and his innovative approach to business leadership.
In 2019, Adam was awarded Ernst & Young's prestigious Entrepreneur of the Year for the San Diego region, celebrating his entrepreneurial spirit and the success of his ventures. He later became a top-three finalist for the EY EOY North American Award, further underscoring his accomplishments and leadership in the field of finance and business development.
Achievements
FundCanna Founder
As the founder and CEO of FundCanna, Adam is leading the charge in revolutionizing financial services within the cannabis industry. His work not only helps cannabis businesses gain access to essential funding but also supports the growth and diversification of the sector as a whole.
Reliant Funding Leadership
Prior to establishing FundCanna, Adam founded Reliant Funding, where he served as CEO. Under his guidance, Reliant Funding was recognized as one of the nation's fastest-growing companies, proudly making the Inc. 500/5000 list for seven consecutive years. This remarkable achievement demonstrates his capability to lead and grow a company in a highly competitive landscape.
Advocacy for Underserved Markets
Adam's commitment to serving underserved markets is evident in his professional journey. His experience spans multiple organizations, including his roles as Former President/CMO (Co-Founder) at National Lending Associates, Senior Vice President at CIT Group/Student Loan Xpress, and Equity Trader at Schonfeld. His diverse background in finance and sales equips him with a unique perspective on the challenges faced by businesses seeking funding, especially those in emerging sectors like cannabis.
In conclusion, Adam Stettner’s career is a testament to innovation, leadership, and the relentless pursuit of empowering businesses through accessible financial solutions. With the founding of FundCanna and his extensive experience in the financial services industry, Adam is poised to make a lasting impact on the cannabis market and continue his mission of supporting entrepreneurs across various sectors.
