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Cannabis Cultivators, Manufacturers, and Testing Labs Can Apply for Up to $1.5M in Loans

Updated:
May 11, 2026

The NJ LEAF Program provides low-cost financing to New Jersey cannabis businesses for fixed assets and working capital. Fixed asset loans range from $100,000 to $1.5 million; working capital loans from $100,000 to $500,000.

Eligible businesses must hold a valid recreational Class 1 Cultivator, Class 2 Manufacturer, or Testing Laboratory license; be New Jersey-based with fewer than 250 employees, at least one year of operation, and $5 million or less in annual gross revenues. Five percent of funds are reserved for Impact Zone businesses.

Learn More
Source:

https://www.njeda.gov/nj-leaf/