HK Cannabis Law Newsletter – April 10, 2020

In today’s newsletter, the CARES Act may not help businesses that are merely connected to the cannabis industry, a state-by-state breakdown of cannabis-access rules amidst the ongoing health crisis, and more.

  • The Coronavirus Aid, Relief, and Economic Security (“CARES”) act excludes not only cannabis businesses but those business that derive any gross revenue from sales to direct marijuana businesses.

  • A breakdown of state rules regarding access to cannabis during the COVID-19 outbreak.

  • Some legislators want cannabis businesses to be eligible for SBA loan programs.

  • Cannabis industry experts think cannabis sales, like alcohol, will hold steady during the looming recession.

  • A sudden spike in sales shows that consumers stocked up on cannabis before the current crisis.

  • And in non-COVID-19 news, how regulators can help.

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