SBA Policy re: Marijuana Businesses - can we serve you?

The federal OMB sets "the standard terms and conditions used for all SBA grants and cooperative agreements stipulate that businesses engaged in illegal activities are ineligible to receive SBA-funded technical assistance provided by the Agency’s resource partners.

Because federal law prohibits the distribution and sale of marijuana, financial transactions ... a marijuana-related business would generally involve funds derived from illegal activity. Therefore, businesses that derive revenue from marijuana-related activities or that
support the end-use of marijuana may be ineligible for SBA-funded technical assistance
. The question of whether a particular business is eligible for assistance under an SBA program must be determined on an annual, case-by-case basis and depends upon the nature of the business’ specific operations." Learn more

 

 

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