Pelosi Wants Marijuana Businesses Included In Next Coronavirus Relief Bill, Congressman Says

Pelosi Wants Marijuana Businesses Included In Next Coronavirus Relief Bill, Congressman Says

A congressman says he’s prepared legislation to allow marijuana businesses to access federal disaster relief loans that are available to other industries during the coronavirus outbreak, as well as banking services that they have long desired, and he wants it inserted in the next COVID-19 stimulus package. The proposal from Rep. Ed Perlmutter (D-CO) also has the support of top congressional leadership, including House Speaker Nancy Pelosi (D-CA), he said. On a town hall call with small businesses in his Colorado district on Thursday night, Perlmutter was asked by the executive director of a top marijuana company whether the cannabis market has any hope of becoming eligible for federal loan and lending programs, as businesses that work with marijuana directly or indirectly are currently excluded from Small Business Administration (SBA) benefits. “We have prepared legislation that we hope will be in the next package. Probably not the one that’s being discussed right now, but we’ve asked for legislation to allow for banking, for SBA lending, for testing to be part of the next package,” the congressman told the LivWell Enlightened Health executive. “Whether we’re going to get it, whether we can get the Senate to finally get off of their fannies and pass it, I don’t know. But you can rest assured that the issue you raised is front and center.” “I raised this very question to our caucus, to Speaker Nancy Pelosi directly last week, saying, look this is a major employer in Colorado and elsewhere around the country.…

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Source : MJ moment
Link to original : Pelosi Wants Marijuana Businesses Included In Next Coronavirus Relief Bill, Congressman Says
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