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Showing posts with the label SBA Loans Should Be Availabe For Cannabis Businesses Where cannabis is Legal

It Is The Ethical Thing To Do

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CANNABIS BUSINESS TIMES -    U.S. Sen. Jacky Rosen (D-NV) has led a group of her colleagues to   submit a letter   to a Senate Appropriations subcommittee requesting that cannabis businesses gain access to Small Business Administration (SBA) loans. The  letter , dated June 22, is addressed to Sens. Chris Van Hollen (D-MD) and Cindy Hyde-Smith (R-MS), the Chairman and Ranking Member of the Senate Appropriations Committee’s Subcommittee on Financial Services and General Government. Sens. Jeff Merkley (D-OR), Bernie Sanders (D-VT), Ron Wyden (D-OR), Alex Padilla (D-CA), Cory Booker, (D-NJ), Maria Cantwell (D-WA), Ed Markey (D-MA), Robert Menendez (D-NJ) and Raphael Warnock (D-GA) cosigned the letter, which asks that businesses legally operating in states with regulated cannabis markets receive access to the 7(a) Loan Guarantee Program, Disaster Assistance Program, Microloan Program and 504/Certified Development Company Loan Program. Rosen and her colleagues ask th...