Cannabis News Box

CEO of hemp extraction company offers advice after receiving stimulus assistance

CEO of hemp extraction company offers advice after receiving stimulus assistance

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 8, 2020

The Coronavirus Aid, Relief and Economic Security (CARES) Act โ€“ a $2 trillion stimulus package that was distributed around an estimated 92 percent of Americans โ€“ has left cannabis business owners scrambling for ways to gather funding that will aid their economic recovery post-pandemic. Why? Of the $349 billion th...

Majority of U.S. cannabis companies not included in $2 trillion coronavirus stimulus package

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 14, 2020

Cannabis companies may not have been the hardest hit by the COVID-19 pandemic, but they also won't be granted federal funding from the $2 trillion stimulus package โ€” the Coronavirus Aid, Relief and Economic Security Act (CARES). As the economy nosedives in the United States, members of Congress and Presid...

CARES