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Senate Coalition Urges SBA to Support Small Cannabis Businesses

NORML

However, SBA’s current policy excludes small businesses with “direct” or “indirect” products or services that aid the use, growth, enhancement, or other development of cannabis from SBA-backed financing. To that end, NORML has called for SBA access to be included in our recently issued policy memo.

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Illinois Hemp regulation battle continues

Illinois News Joint

Stakeholders’ ongoing battle over hemp regulations in Illinois continued this week. Lakesia Collins renewed their call to move forward with their proposals for hemp regulations and taxation ( House Bill 5306 , House Bill 4161 , and Senate Bill 3790 ). New sponsored legislation from Sen. Kimberly A. La Shawn K. Ford and Sen.

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Hemp and CBD Businesses Could Be Out in the Cold in Minnesota

Veriheal

In December 2021 the Minnesota Board of Pharmacy declared all CBD and hemp-derived consumables to be illegal in the state. The board’s decision—which was made based on gaps in the 2018 Farm Bill that federally legalized hemp—is outlined in the document from its 901st meeting. Differing Interpretations of Hemp Legality.

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UFC Names Love Hemp As Official CBD Partner

Veriheal

UFC has announced a five-year agreement with Love Hemp, naming it the Official CBD Partner of UFC. In a short time, you’ll see Love Hemp ads and logos across UFC social media and programming on UFC FIGHT PASS (UFC’s streaming service). Who Is Love Hemp? Of course, this new partnership means much more than the terms on paper.

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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

Today, many opportunities exist for individuals and businesses that want to engage in the industry. Some want to directly own licensed businesses, while others prefer to keep the industry at an arm’s length and merely profit from it. The ancillary businesses surrounding these industries where people and businesses are profiting.

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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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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

Business Opportunities in the Cannabis Industry There are two main categories of cannabis businesses — plant-touching and ancillary. Plant-Touching Businesses As the name implies, plant-touching cannabis businesses deal directly with the cannabis plant from seed to dispensary shelf.