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New bill calls for cannabis companies to be eligible for federal COVID-19 help

April 23, 2020

With another major round of COVID-19 federal financial assistance around the corner, two lawmakers in states with previously booming cannabis businesses are asking for the federal government to bring the industry in from the cold.

The legislation, proposed by Reps. Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO), would make cannabis companies eligible for the Paycheck Protection Program, Economic Injury Disaster Loans and emergency advances through the disaster loan program.

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