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Contact Shay Aaron Gilmore
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San Francisco, CA cannabis and hemp lawyer Shay Aaron Gilmore talks about securing financing and the challenges those in the cannabis and hemp business face. He explains that securing financing in the cannabis and hemp industries presents unique challenges due to legal and regulatory barriers. While federal illegality remains a significant issue, businesses also face limited access to traditional financing and investor reluctance driven by legal risks and regulatory uncertainties. Additionally, cannabis businesses that do obtain loans often encounter higher interest rates compared to other industries, reflecting the perceived risk associated with the sector.
