420 with CNW — Senators Revive Push for Cannabis Industry to Access SBA Resources, Loans
A group of senators from the Democratic Party is urging a significant committee to ensure small cannabis entities have equitable access to federal Small Business Administration (SBA) lending programs and development resources available to other industries. In an April letter to the leaders of the Appropriations subcommittee, the senators urged that the FY 2025 FSGG spending measure include provisions to stop the SBA from rejecting loan applications from small cannabis entities operating legally in states that have approved marijuana use and sales. Senator Jacky Rosen led the letter, asking the subcommittee leaders to add clauses to the spending bill that…