§ 36–1404

Statutes in effect as of October 1, 2026.

Md. Code Ann., Alco. Bev. § 36-1404 (2026)

Title 36. Medical and Adult-Use Cannabis

Subtitle 14. Capital Access Program

(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.