SANTA FE, N.M. (KRQE) – State lawmakers approved a loan program for cannabis microbusinesses. The Finance Authority Oversight Committee approved the $5 million loan program.
Story continues below
- New Mexico Podcast News: Omicron is sweeping across New Mexico
- KRQE En Español: Martes 18 de Enero 2022
- Education: APS schools to implement enhanced COVID-Safe Practices
- COVID: State launches at-home COVID test distribution
This will specifically help rural small businesses succeed and help to ensure there are no gaps in the market. Businesses can get up to $250,000. Applications for the loans will be available in February with the first loans going out in March.
