Cannabis Businesses Are Ineligible for Federal Coronavirus Relief

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Even though cannabis is considered an "essential business" by many cities, the Small Business Association made it clear that any company that handles a federally-prohibited drug is ineligible for government assistance programs.

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The US Senate has just agreed on a 2 trillion dollar stimulus package to help boost the economy during the coronavirus quarantine, but as usual, state-legal cannabis businesses are being left out of the picture.

On Monday, Greg Hubly, the owner of a small weed business in Washington State, asked the Small Business Association (SBA) whether cannabis companies would be eligible for federal...

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