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Cannabis Startups should have the same Opportunities as other Businesses
It's time to align federal law with state actions on cannabis by legalizing and decriminalizing marijuana sales, use and possession.
When veterans Wanda James and Scott Durrah of Denver wanted to start their business, they couldn't go to the Small Business Administration to apply for a loan.
That's because they are in the cannabis industry, and cannabis entrepreneurs are locked out of traditional sources of capital, including capital from the government, such as SBA loans, because, under federal law, marijuana is still illegal.
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