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Article - Alcoholic Beverages and Cannabis




§36–1404.

    (a)    A loan to a social equity licensee qualifies under the Program if the loan:

        (1)    satisfies the lending criteria of the lender; and

        (2)    does not exceed:

            (i)    for a dispensary, $500,000; or

            (ii)    for a grower or processor, $1,000,000.

    (b)    A loan that qualifies under subsection (a) of this section may be short or long term, have fixed or variable rates, and be secured or unsecured.



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