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sba-no-longer-giving-business-loans-to-cannabis

SBA Says Even Businesses “Indirectly Involved” In MJ industry Are Ineligible For Loans

Recent policy changes made to the lending practices of the US Small Business Administration (SBA) will now prevent legal cannabis companies from obtaining government-assisted loans — including, says the report, those involved in “marijuana-related activities.” While previous mandates against such government assistance have included ineligibility of direct cannabis businesses — that is, those that actually […]

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