Locked Out: SBA’s New Lending Policy Targets Hemp and Marijuana-Adjacent Businesses
Canna Law Blog
JUNE 2, 2025
Since the passage of the Agricultural Improvement Act of 2018 (commonly known as the 2018 Farm Bill ), which federally legalized hemp, the SBA has updated its policies several times, including how it addresses hemp-derived businesses. In around 15 states, marijuana-related paraphernalia is explicitly legal. But under 21 U.S.C.
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