Work Item
ASTM WK92830
New Guide for Social Equity Lending Guide
1. Scope
This proposal is to establish standard guidelines for requirements for State Agencies and Regulatory Bodies that seek to provide access to capital via Social Equity Lending and Commerical Loans for Commerical Cannabis Companies. It is intended to provide comprehensive underwriting metrics criteria that consider the disadvantages and advantages of offering provisions for diverse business owners to develop social enterprises internationally for Commerical Cannabis Companies. The goal is to institute a guide for state and regulatory agencies to utilize while creating pathways to access capital that will create sustainable businesses in this unique market and economic environment.Keywords
Demographic Analysis; Community Analysis; Social Capital; Social Capital Assessment; Institutional Support; Risk Mitigation; Risk Mitigation Strategy; Regulatory Compliance; Economic Environment; Income StabilityRationale
Regulatory Agencies are looking for new ways to address the social equity lending environment as this a new define category in the cannabis industry.
Work Item Status
Date Initiated: 11-12-2024
Technical Contact: Cimone Casson
Item: 000
Ballot:
Status: