New Jersey expands support for small cannabis businesses with new $15 million loan fund
Published on April 10, 2026.
New Jersey is set to introduce a $15 million low-cost lending program for small businesses in the cannabis industry. The New Jersey Lending for Equity, Access, and Financing Program will begin accepting applications on April 20, 2026. The program offers two primary lending paths for eligible recreational cannabis businesses: Fixed Asset Loans, and Working Capital Loans. Five percent of the funding is reserved for businesses located in designated impact zones.
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