Senate Coalition Urges SBA to Support Small Cannabis Businesses

Posted On April 2, 2020

• Senate Coalition Urges SBA to Support Small Cannabis Businesses
• to leadership urging lawmakers to permit licensed cannabis operators to qualify for loans and other forms economic assistance available from the Small Business Administration (SBA).
• Consequently, small businesses in states with some form of legal cannabis must choose between remaining eligible for SBA loan programs, or doing business with a rapidly-growing and legal industry.
• The Senators close their letter stating, We strongly support ensuring that SBA loan programs are made available to all cannabis small businesses.

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