Trump Administration Bars SBA Loans to Cannabis Industry Support Businesses

The U.S. Small Business Administration updated its standard operating procedures to prohibit providing loans to both marijuana- and hemp-related businesses and businesses deriving any gross revenue from sales to marijuana-related businesses (MRBs) including those providing lighting, hydroponic equipment or testing services.

1 minute read July 01, 2018 at 12:05 AM

Steven Schain

See Revised Guidance on Credit Elsewhere and Other Provisions in SOP 50 10 5(J) See

The Small Business Loan

Financing Woes

et. seq e.g i.e.,

Breakdown of SBA Policy Notice

SBA Policy Notice's Impact

Hemp Industries Association v.

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