article thumbnail

Poll: Nearly 70 Percent of Americans Want Congress to Allow Licensed Cannabis Businesses Access to Banking Services

NORML

Sixty-eight percent of Americans say that Congress should pass legislation so that marijuana businesses can "access banking services and products in states" where it is legal. The post Poll: Nearly 70 Percent of Americans Want Congress to Allow Licensed Cannabis Businesses Access to Banking Services appeared first on NORML.

Banking 246
article thumbnail

Over 40 Members of Congress Request SBA Access For Small Marijuana Businesses

NORML

“Many of these establishments are small-to-medium size operators, with their employees keeping their doors open without access to the support systems in place for other businesses, thus depriving them of potentially lifesaving protections.” The majority of these businesses are small-to-medium in size.

Access 312
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

New Legislation Would Permit Marijuana Businesses to Access COVID-19 Relief

NORML

Representatives Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) have introduced legislation to allow state-legal marijuana businesses to apply for COVID-19 benefits through the Small Business Administration. Currently, the SBA is prohibited from engaging with cannabis businesses due to federal marijuana criminalization.

Access 236
article thumbnail

Mississippi Becomes 37th State to Legalize Medical Cannabis With a Law that Provides Limited Access to Patients

Americans for Safe Access

On February 2, 2022, Governor Tate Reeves chose to sign SB 2095 into law, making Mississippi the 37th state to adopt medical cannabis laws. The adoption of these laws is the conclusion of a year-long struggle for the future of cannabis in Mississippi. . ASA strongly opposes both of these provisions.

Access 251
article thumbnail

Senate Coalition Urges SBA to Support Small Cannabis Businesses

NORML

The Senators write: Over the last decade, there has been a clear shift in public opinion toward supporting the legalization of cannabis in the United States. billion in tax revenue from legal cannabis sales in 2018. To that end, NORML has called for SBA access to be included in our recently issued policy memo.

Business 313
article thumbnail

NORML Joins Civil Rights and Criminal Justice Groups To Support Small Cannabis Businesses

NORML

The Coalition letter focuses on the need for small business access to the SBA relief funds as an avenue to protect the progress that has been made by minority entrepreneurs in the emerging legal cannabis marketplaces. RE: Protect Minority-Owned Marijuana Businesses and their Workers. You can read the full letter below.

Business 308
article thumbnail

NORML Urges Congress to Provide Small Business Relief to State-Licensed Cannabis Companies

NORML

Representatives with the United States Small Business Administration (SBA) have reaffirmed that state-licensed cannabis businesses are ineligible for financial aid opportunities because marijuana remains classified as a schedule I controlled substance. The majority of these businesses are small-to-medium in size.

Business 254