CBD Guide
  • Home
  • Education
  • Guides
  • Reviews
  • News
No Result
View All Result
  • Home
  • Education
  • Guides
  • Reviews
  • News
No Result
View All Result
CBD Guide
No Result
View All Result
Home News

House Bill Would Add Cannabis Industry to Coronavirus Stimulus Packages

Jean Martinez by Jean Martinez
April 25, 2020
in News
0 0
0
House Bill Would Add Cannabis Industry to Coronavirus Stimulus Packages
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Democrats in the U.S. House of Representatives have introduced a measure to include cannabis businesses in congressional coronavirus stimulus packages.

The Emergency Cannabis Small Business Health and Safety Act was introduced by Reps. Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) who last week sent a letter to House leadership urging them to support the legalized cannabis industry in the packages – including pushing for the SAFE Banking Act to be included in relief legislation. Sens. Jacky Rosen (D-NV) and Ron Wyden (D-OR) sent a similar letter to Senate leaders on Wednesday.

Aaron Smith, executive director of the National Cannabis Industry Association, said that the industry employs about 250,000 Americans and has been deemed an “essential service” amid the pandemic but many cannabusinesses will not survive the financial fallout of the pandemic without assistance.

“They already face disproportionate financial burdens during normal conditions, and the strains created by the coronavirus response are putting them at an even greater disadvantage and jeopardizing their ability to provide vital healthcare services. We are incredibly grateful for the dozens of lawmakers who are urging their colleagues to give cannabis businesses fair access to federal relief funds in these difficult times.” – Smith in a statement

Under current federal policy, the cannabis industry and cannabis-adjacent firms are ineligible for any Small Business Administration programs, including those created as part of the coronavirus response. State-approved hemp businesses, however, are eligible for some relief under the CARES Act.

Last month industry advocates – including the NCIA, National Cannabis Roundtable, Minority Cannabis Business Association, Global Alliance for Cannabis Commerce, and Cannabis Trade Federation – sent a letter to Congressional leadership urging them to open up the programs to the industry.

This content has been curated and re-published from Ganjaprenuer.com. Please click the link below to view this content from the original source.

Original Source: House Bill Would Add Cannabis Industry to Coronavirus Stimulus Packages

Content Credits: Originally written by TG Branfalt and published to Ganjaprenuer.com on 2020-04-24 16:08:42.

Previous Post

Lebanon Passes Medical & Industrial Cannabis Legalization

Next Post

Marijuana Seems To Reduce Opioid Use Among Chronic Pain Patients, Meta-Study Finds

Related Posts

Wyoming Tribe Moves Toward Hemp and Medical Cannabis Legalization
News

Wyoming Tribe Moves Toward Hemp and Medical Cannabis Legalization

August 31, 2020
Oklahoma to Revoke Testing Lab’s License Amid Scandal
News

Oklahoma to Revoke Testing Lab’s License Amid Scandal

August 30, 2020
Hemp-Based Burger Announced by Fake Meat Startup
News

Hemp-Based Burger Announced by Fake Meat Startup

August 29, 2020
Florida Adds Edibles to Medical Cannabis Program
News

Florida Adds Edibles to Medical Cannabis Program

August 28, 2020
Most Legal Marijuana States Had Fewer Vaping-Related Lung Injuries, Study Finds
Learn About CBD

Most Legal Marijuana States Had Fewer Vaping-Related Lung Injuries, Study Finds

August 27, 2020
Mitch McConnell Recommends Hemp-Based Face Masks
News

Mitch McConnell Recommends Hemp-Based Face Masks

August 27, 2020
Next Post
Marijuana Seems To Reduce Opioid Use Among Chronic Pain Patients, Meta-Study Finds

Marijuana Seems To Reduce Opioid Use Among Chronic Pain Patients, Meta-Study Finds

Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Recent Posts

  • Wyoming Tribe Moves Toward Hemp and Medical Cannabis Legalization
  • Oklahoma to Revoke Testing Lab’s License Amid Scandal
  • Hemp-Based Burger Announced by Fake Meat Startup
  • Florida Adds Edibles to Medical Cannabis Program
  • Most Legal Marijuana States Had Fewer Vaping-Related Lung Injuries, Study Finds

Recent Comments

  • Jean Martinez on Colorado Gov. Signs Cannabis Social Equity Bill
  • kiran on Colorado Gov. Signs Cannabis Social Equity Bill

Archives

  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
CBD Guide

© 2020 CBDGuide.io, All Rights Reserved.

Site Navigation

  • Affiliate Disclaimer
  • Privacy Policy
  • Terms of Use
  • Contact us

Follow Us

No Result
View All Result
  • Home
  • Education
  • Guides
  • Reviews
  • News

© 2020 CBDGuide.io, All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
0
0
Would love your thoughts, please comment.x
()
x
| Reply