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Benzinga
Benzinga
Business
Nina Zdinjak

Sen. Jacky Rosen Continues To Push For Marijuana Reforms: Demands Federal SBA Loans For Legal Cannabis Companies

Senator Jacky Rosen (D-Nev) sent a letter recently urging the appropriations committee to provide licensed marijuana businesses with access to Small Business Administration loans, reported Nevada Appeal. 

Cannabis companies are currently banned from accessing SBA loans, because weed is still considered a Schedule 1 substance, and therefore illegal under federal law. 

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