Locked Out: SBA’s New Lending Policy Targets Hemp and Marijuana-Adjacent Businesses
Canna Law Blog
JUNE 2, 2025
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. Lenders were tasked with verifying compliance with all applicable laws, and the SBA offered detailed guidance on evaluating CBD-related businesses. Otherwise, be specific.)
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