Md. Code, Alcoholic Beverages and Cannabis § 36-1405
This is the official text of Md. Code, Alcoholic Beverages and Cannabis § 36-1405, part of Maryland’s Code, Alcoholic Beverages and Cannabis — regulates the sale and licensing of alcohol and cannabis.
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§36–1405.
Official statutory text
(a) To participate in the Program, a lender shall enroll the qualifying loan in the Program not more than 30 days after the date of the first disbursement of the loan.
(b) A lender may enroll all or a portion of a qualifying loan in an amount of not more than:
(1) for a dispensary, $500,000; or
(2) for a grower or processor, $1,000,000.
(b) A lender may enroll all or a portion of a qualifying loan in an amount of not more than:
(1) for a dispensary, $500,000; or
(2) for a grower or processor, $1,000,000.
Status: in_force · Read it on the official government site
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