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