NORML
APRIL 2, 2020
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.
NORML
APRIL 27, 2020
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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NORML
JANUARY 14, 2019
The most essential component in creating a stable business environment to meet consumer demand is certainty, and that is what states and businesses would have with Congressman Correa’s legislation to protect state-lawful programs from potential rouge US Attorneys under a Department of Justice likely to be led by known drug warrior William Barr.
NORML
MARCH 20, 2020
There is no doubt that the COVID-19 pandemic is adversely impacting businesses around the world, and smaller businesses especially. That is why these businesses continue to face undue discrimination under federal law, including the lack of access to banking services and a prohibition of standard business tax deductions.
NORML
APRIL 22, 2020
“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.
Cannabis Law Report
JANUARY 13, 2020
The American Association of Insurance Services has expanded its Cannabis Businessowners Policy into Nevada , making it the third state to approve the insurance program, along with Colorado and California, according to a Property Casualty 360 report. Cannabis Business Insurance Policy Approved in Nevada.
NORML
AUGUST 19, 2019
Additionally, the MORE Act is the first piece of federal legislation that would establish social equity programs for cannabis entrepreneurs, and it would enact wholesale expungements of prior low-level weed offenses for federal convicts. On the business end, the MORE Act also sets a 5 percent federal tax on all cannabis sales.
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