Small Business Administration Refuses Cannabis Businesses Corona Disaster Relief Business Loans

The reason? Federal prohibition not exempting state laws (yet). State legal businesses cannot get federal access to business relief funding due to federal prohibition. This article from Tom Angell’s excellent as always Marijuana Moment has the details, and is yet another reason why the state’s failure to protect their state legal industries by ducking the obligation to make the state laws be in compliance with federal law is a crime against vulnerable defenseless patients too sick to fight back.

cannabis banking

Federal law will not be avoided or dodged in Iowa. Case law clearly dictates the state’s leading obligatory role in reconciling state and federal law through already available legal remedies — end the politrickan war on federalism and re-harmonize state and federal drug law so patients can stop bearing unnecessary financial burdens. Directing the federal government that Iowa’s cannabis laws are exempt from federal law is an easy fix, and, it will happen by consent, or, by force. Thanks in advance.

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