Cannabis News Box

Coronavirus stimulus money awarded to lucky few cannabis-related firms

https://mjbizdaily.com/marijuana-companies-mostly-shut-out-of-2-trillion-coronavirus-stimulus-package/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 29, 2020

As of June 5, 2020, the Internal Revenue Service (IRS) had distributed 159 million coronavirus stimulus payments among residents of the United States. The $2 trillion federally-funded stimulus package enabled qualifying Americans to receive a one-time payment of up to $1,200; mainly by direct deposi...

Poll suggests that COVID-19 will influence cannabis industry more than others

https://www.traverseticker.com/news/first-coronavirus-cases-confirmed-in-michigan/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 8, 2020

A webinar called “Insuring Cannabis: From the Mechanics to Seeing Through The Weeds” was aired live on April 15. The discussion drew one main conclusion that has since ignited plenty of conversation in the legal weed community: Coronavirus (COVID-19) is likely to impact cannabis more than other industries.  Ho...

Nevada’s tribal cannabis businesses are being proactive amid COVID-19 pandemic

Nevada’s tribal cannabis businesses are being proactive amid COVID-19 pandemic

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 8, 2020

As a global pandemic filters throughout the United States, some of the hardest-hit communities and territories are tribal lands. In Nevada where cannabis stores have been serving customers with delivery since March 20 tribal cannabis business owners have taken it upon themselves to soften the economic...

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 – a $2 trillion stimulus package that was distributed around an estimated 92 percent of Americans – 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

https://www.marijuana.com/wp-content/uploads/2014/05/congress.jpg

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 — the Coronavirus Aid, Relief and Economic Security Act (CARES). As the economy nosedives in the United States, members of Congress and Presid...

Coronavirus Aid