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Locked Out: SBA’s New Lending Policy Targets Hemp and Marijuana-Adjacent Businesses

Canna Law Blog

SBA policy timeline: A whiplash-inducing history The SBAs latest update to its 7(a) and 504 loan programs represents a return to the more restrictive, 2020 policy. June 1, 2025, the Current Policy This update reintroduces and expands on the 2020 restrictions, explicitly targeting Consumable Hemp Products. think Agrify Corp.

Policy 57
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New Age Provisions Farms Brings Hemp Operation Into Automated Hydroponic Shipping Container Environment

SpeedWeed

In 2019, Vitalis started to explore cultivating hemp indoors hydroponically—the process of growing plants in soilless nutrient solution, Cannabis Business Times previously reported. He received his first shipping container from the company in August 2020 and his second one in January. ” The Benefits.

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Agrify Announces Record Fiscal 2020 Annual Results

SpeedWeed

2020 Highlights. Acquired Harbor Mountain Holdings, LLC (HMH), an agile manufacturer and installer of many of Agrify’s products, giving Agrify direct access to HMH’s research and development, testing and flexible manufacturing plant located just outside Atlanta, along with key engineering talent and equipment.

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Insurance Matters: How Retailers Can Protect Themselves from Liability for Recalled Products

SpeedWeed

In 2019, Vitalis started to explore cultivating hemp indoors hydroponically—the process of growing plants in soilless nutrient solution, Cannabis Business Times previously reported. He received his first shipping container from the company in August 2020 and his second one in January. ” The Benefits.

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Medical Cannabis Prices Vary Widely Between States

Veriheal

However, access to medical cannabis is not the same across states. According to Statista , the following are the average prices of an ounce of high-quality cannabis as of October 2020. According to the Marijuana Policy Project , more than 4.3 million Americans have medical cards. Prices of Cannabis in Different States. Texas: $$323.35.

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Canadian LP MTL Cannabis to Go Public by Merging with Canada House

Cannabis Law Report

The deal also provides the group with the ability to build upon MTL’s current brand portfolio, and develop a diverse flower menu bringing premium, accessible products to cannabis consumers while maintaining existing supply agreements. Enhanced retail sales portfolio through immediate access to brands distributed in Québec; and.

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Australian Capital Territory Legalises Personal Use & Growing of Cannabis

Cannabis Law Report

The laws say the plants cannot be grown in public or be accessible to children. The legislation will come into effect as of January 31, 2020. Cannabis plants will have to be grown somewhere not accessible to the public. They conflict with Commonwealth law, which does not allow personal cannabis use.