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

Md. Code, Alcoholic Beverages and Cannabis § 36-1404
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(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gab&section=36-1404&enactments=falseFetched: 10/16/2026