Md. Code, Alcoholic Beverages and Cannabis § 36-1404

§36–1404.

Year: 2026Length: 68 wordsSubsections: 4Official source
(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.
Md. Code, Alcoholic Beverages and Cannabis § 36-1404: §36–1404. | Justis AI