Locked Out: SBA’s New Lending Policy Targets Hemp and Marijuana-Adjacent Businesses
Canna Law Blog
JUNE 2, 2025
Lenders were tasked with verifying compliance with all applicable laws, and the SBA offered detailed guidance on evaluating CBD-related businesses. So yes, the THC/CBD hemp seltzers at Total Wine and gummies at your local convenience store are illegal under federal law. We’ve seen this movie before in cannabis banking.
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