BILL INTRODUCED TO ALLOW STATE-LEGAL MARIJUANA BUSINESSES ACCESS TO FEDERAL COVID-19 RELIEF

BILL INTRODUCED TO ALLOW STATE-LEGAL MARIJUANA BUSINESSES ACCESS TO FEDERAL COVID-19 RELIEF

by Douglas Sargent | Apr 23, 2020 |  | 

Like a lot of businesses, many licensed marijuana companies have been hit hard by the effects of COVID-19. Earlier this month we observed that while marijuana business have been declared “essential” in several states, the SBA specifically prohibits them from receiving relief under the foregoing relief programs. The proposed legislation seeks to correct that perceived inequity. “As Congress seeks to provide relief to small businesses across America, chief among those being left out are state-legal cannabis businesses that are essential to communities and have met the demands of this crisis,” said Rep. Blumenauer in a statement. “We should include state-legal cannabis in federal COVID-19 response efforts. Without providing these businesses the relief needed to carry out the recommended public health and worker-focused measures, we are putting these hard-working people—and ourselves—at risk.”

It remains to be seen whether this standalone bill has a realistic chance of passing or if it will aid in efforts to include licensed marijuana businesses in future coronavirus-related relief bills, but it shows that there are legislators trying to look out for state-legal marijuana businesses. We will be continue to monitor these developments and report on our blog.

Visit our COVID-19 Resource Center often for up-to-date information to help you stay informed of the legal issues related to COVID-19.

New: Free USA Cannabis Case Law Search – New Cases Daily

Sponsor

Cannabis Banking - FinCann

Directory Categories

Karma Koala Podcast

CFN Index

Marijuana Index

USA CBD Expo

Green Entrepreneur

Sponsor – aBizinaBox

Top Marijuana Blog

CFN Media Group

Bust(s) of the Day

Bored of Reading Cannabis Industry News? Take A Lighter Turn At Wake & Bake Daily.

Latest Cannabis Tax News

%d bloggers like this: