News & Analysis as of

Marijuana Related Businesses Small Business Administration

Benesch

Engaging in Activities that Violate Federal Law? DOJ Scrutiny of PPP Loan Recipients Turns to Ancillary Companies Supporting the...

Benesch on

Since its inception, the cannabis industry has always existed alongside significant regulatory and compliance challenges. These largely stem from the fact that the manufacture, distribution and possession of marijuana remains...more

Husch Blackwell LLP

BOLO: Cannabis Qui Tam Actions

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Due to federal illegality, the cannabis industry has long been plagued by federal agencies taking a variety of different enforcement approaches to cannabis businesses. From the U.S. Patent and Trademark Office to the National...more

Nutter McClennen & Fish LLP

Nutter Bank Report: September 2021

Division of Banks Warns of Risks from Representments Causing Multiple NSF Fees - The Massachusetts Division of Banks has issued a supervisory alert letter to warn banks about certain legal risks and risks of regulatory...more

McGuireWoods LLP

Edible Bites Episode 8: Impact of Cannabis Legalization on Government Contractors

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In the newest episode McGuireWoods’ Edible Bites video series, Kate Hardey, Royce DuBiner and Rose Stern explore common questions and red flags for government contractors given the current conflict between state and federal...more

The Rodman Law Group, LLC

Bankruptcy Alternatives for the Cannabis Industry

As many Americans are faced with the fallout of the COVID-19 pandemic, some business owners are now tasked with creating a clear path forward without traditional means of financial relief. Of its many tragic consequences,...more

Seyfarth Shaw LLP

The Week in Weed: June 2020 #2

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Our big news this week is that the American Bar Association asked the Small Business Administration to make marijuana-related companies eligible for relief funds....more

Husch Blackwell LLP

Emergency Cannabis Small Business Health And Safety Act – A Legislative Update

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On Thursday April 23, 2020, Representatives Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) introduced the “Emergency Cannabis Small Business Health and Safety Act” in the House. Blumenauer and Perlmutter have been...more

Lowndes

Cannabis & Hemp Industry Eligibility for COVID-19 Federal Stimulus Programs

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As noted in our prior publication, on April 16, 2020, the Small Business Administration (“SBA”) announced that it would no longer be accepting new applications for the Emergency Injury Disaster Loan Program (“EIDLP”) or the...more

Seyfarth Shaw LLP

The Week in Weed: April 2020

Seyfarth Shaw LLP on

Of course, what’s happening in the cannabis world is what’s happening everywhere else: the coronavirus.  We’ve got lots to report on how the pandemic is affecting marijuana, but let’s start with other news first. ...more

Burns & Levinson LLP

SBA Economic Injury Disaster Loan Assistance is Available for Industrial Hemp Businesses

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The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was recently passed in response to the COVID-19 pandemic to provide much-needed economic relief to individuals and businesses. The Small Business...more

Cozen O'Connor

SBA Anti-Cannabis Lending Policy Creates Obstacles for Non-Cannabis Businesses

Cozen O'Connor on

The U.S. Small Business Administration (SBA), a U.S. government agency created to support small businesses and entrepreneurs, updated its lending policy to prohibit lending to marijuana and hemp-related businesses — and to...more

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