Latest In: Small Business Administration

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US senator wants marijuana businesses to access SBA loans

In a move that could help capital-starved social equity businesses compete with deep-pocketed investors, a U.S. senator introduced…

News November 22
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Public assistance elusive for marijuana startups, even as hemp comes into its own

Hemp and marijuana are the same species of cannabis. But in the United States, the two plants remain…

News September 1
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Cannabis microbusiness license holders say lower cost of entry tempered by risk of failure

The North American cannabis industry is increasingly being dominated by multistate operators and other large companies, often at…

News September 1
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SBA nominee indicates openness to examining marijuana restrictions

President Joe Biden’s nominee to run the U.S. Small Business Administration said during a Senate confirmation hearing that…

News February 4
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Week in Review: SBA says no to cannabis, Maine advances rec MJ & Scotts Miracle-Gro shrinks

The U.S. Small Business Administration bars banks from issuing SBA-backed loans to marijuana- and hemp-related companies, Maine lawmakers…

News May 4
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New SBA lending rules could curb loans to marijuana and hemp businesses

The U.S. Small Business Administration updated its lending guidelines with new rules that could have a major impact…

News May 1
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