Eliminating disparities among cannabis-related legitimate businesses and service providers

(a) Definitions In this section— (1) the terms cannabis-related legitimate business and cannabis-related service provider have the meanings given those terms in section 3 of the Small Business Act (15 U.S.C. 632), as added by section 303; and (2) the term individual adversely impacted by the War on Drugs has the meaning given the term in section 301(b). (b) Review The Administrator of the Small Business Administration— (1) shall review regulations, policies, and guidance of the Administration to eliminate disparities for cannabis-related legitimate businesses and cannabis-related service providers, including by reducing regulatory burdens and increasing loan eligibility for minority businesses and individuals adversely impacted by the War on Drugs; and (2) in carrying out paragraph (1), may consider effective, State-level systems designed to eliminate disparities for cannabis-related legitimate businesses and cannabis-related service providers.