US lawmakers pitch House bill that would include cannabis businesses in federal COVID-19 relief
Posted On April 23, 2020
- Two members of the U.S. House of Representatives introduced legislation that would enable state-legal marijuana companies to qualify for U.S. Small Business Administration coronavirus relief programs, a stand-alone bill that could face an uphill battle in the current economic climate.
- State-legal marijuana companies and most ancillary businesses are shut out of current relief programs because of strict SBA policies barring direct and indirect marijuana operations.
- In fact, Blumenauer, founder and co-chair of the Congressional Cannabis Caucus , has been leading a bipartisan coalition calling on House leadership to do just that include state-legal cannabis businesses in future relief packages.
Read full article: mjbizdaily.com