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Updated about 3 years ago on . Most recent reply

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423
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190
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Mike Schorah
  • Rental Property Investor
190
Votes |
423
Posts

How does a medical marijuana worker get a loan?

Mike Schorah
  • Rental Property Investor
Posted

I did an interview last week for a business/office job but within a medical marijuana company.

I’ve never interviewed with a company that experienced the level of growth that they are experiencing. They went from 1 to 600 employees in less than 2 years.

One thing that stuck out is they said that since marijuana is illegal federally, you can’t get a federal loan. The federal government doesn’t recognize income from marijuana companies or marijuana employees (although you still pay the federal government tax). You also can’t get a credit card. They basically advised that if you are making a big move in the near future that you probably shouldn’t take the job.

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