Reps. Earl Blumenauer (D-Ore.) and Ed Perlmutter (D-Colo.) have introduced a bill to make legal cannabis businesses eligible for federal coronavirus relief aid meant for small businesses.
The legislation would grant the businesses eligibility for the Paycheck Protection Program PPP, Economic Injury Disaster Loans and other aid. A $483 billion interim coronavirus aid package, which will replenish the small-business lending program, is set to pass the House on Thursday, but it excludes marijuana companies from receiving aid.
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Alex Gangitano ~ TheHill.com ~
