"By continuing to deny these small businesses eligibility to SBA assistance, we could see an acceleration of the corporatization of the cannabis industry."
Topic: Marijuana Business
“HB 2870 creates a new social equity program that provides business opportunities to people from disproportionately-harmed communities.”
Senators urge “the Subcommittee on Financial Services and General Government to include language in … forthcoming legislation to help extend SBA loan programs to legal cannabis businesses.”
With numerous states designating medical cannabis facilities as ‘essential’ during this time of crisis, it is critical that the Small Business Association to similarly recognize their importance.
State officials have granted conditional approval to over 30 applicants seeking licensure to operate commercial, adult-use cannabis businesses.
Augusta, Maine: Patients purchased an estimated $112 million worth of medical cannabis-related products in 2019,…
Chicago, IL: The American Bar Association (ABA) has adopted a resolution urging for the passage…
Seattle, WA: Jobs in the state-licensed cannabis industry rose 15 percent during the past 12…