420 with CNW — 3 Bills Seek to Give Cannabis Companies Access to Federal Aid

April 28, 2021 03:25:58

The state-legal cannabis industry has for years been operating at a disadvantage because of the categorization of cannabis as a controlled substance on the federal level. Although most states with legal cannabis markets deemed the controversial plant essential during the coronavirus pandemic, thus allowing companies in the cannabis space to continue their operations, federal law remains a major thorn in the side of cannabis businesses.

Despite providing hundreds of thousands of job opportunities and contributing millions of dollars in much-needed tax revenue to state coffers, these companies remain locked out of federal aid that would have helped them weather the greatest…


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