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Cannabis Workers, Unemployment Insurance, and the Small Business Administration: What You Need to Know

NORML

There is no doubt that the COVID-19 pandemic is adversely impacting businesses around the world, and smaller businesses especially. According to a recent report by Leafy.com , the state-licensed cannabis industry employs more than 240,000 American workers. even if the business is legal under local or state law.”

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Buyer Beware: Five Key Due Diligence Items When Buying a Cannabis Business

Canna Law Blog

Our cannabis business attorneys regularly handle transactions involving the purchase and sale of licensed cannabis businesses. These deals often move fast, with brokers rushing both sides toward closingfrequently without regard for applicable diligence and cannabis regulations. Know the red flags and find them.

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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.

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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.

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Where the Money Grows: Learning the Industry Trends in Medical Cannabis, Recreational Marijuana, Hemp, and Beyond

Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken

cannabis industry is still in its infancy, even though states began engaging with legalization in one form or another in the late 1990s. Today, many opportunities exist for individuals and businesses that want to engage in the industry. cannabis marketplace. The current state of the U.S.

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House COVID Package Includes Cannabis Banking Relief, But Not Small Business Support

NORML

Included in the language of the bill is HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses. The majority of these businesses are small-to-medium in size. But at the federal level, they are being cast aside by Congress.

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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.

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