Coronavirus and Cannabis: Page 7

U.S. House Passes SAFE Banking Act as Part of New Coronavirus Relief Bill: UPDATE

The bill now heads to the U.S. Senate, which has never before passed cannabis banking legislation.

End Notes

Quotes you should note.

Ohio’s Regulate Marijuana Like Alcohol Campaign Suspends Effort to Get Cannabis Legalization Initiative on 2020 Ballot

The state rejected the group’s initial petition, and the campaign has struggled to find its footing as Ohio responds to the COVID-19 pandemic.

Industry Executives Share Insights on Sales Trends as States Reopen

Medical businesses in Oklahoma and Ohio are seeing high demand for cannabis.

Montana’s Cannabis Legalization Campaign Launches Signature Drive Despite COVID-19 Setbacks: Legalization Watch

After losing a court battle to collect signatures electronically, New Approach Montana kicked off a statewide signature drive to get two complementary adult-use cannabis legalization measures on the state’s 2020 ballot.

Cannabis Policy Advocates Urge Congress to Include Banking Reform in Next Coronavirus Relief Legislation

Advocates argue that the lack of banking access hinders social distancing efforts, increases risk of contagion, creates unnecessary financial hardship and presents other safety risks for essential businesses and patients.

Massachusetts Cannabis Industry Braces for Reopening and Relief

Cultivators and retailers are optimistic about shutdown orders expiring May 18 and hoping for relief from a bill that, if approved, would provide state-level assistance to businesses ineligible for federal COVID-19 funds.

Cannabis Processing Equipment Manufacturers Produce Hand Sanitizer During COVID-19 Pandemic

The extraction equipment companies are transforming their operations to create needed supplies and exploring other ways they can potentially help first responders.

California Offering $50,000 ‘Bridge Loan’ for Small Businesses, Including Cannabis Industry

With a sales tax deferral and an opportunity to hold back thousands of dollars, California is offering some relief for small business owners.

Illinois Delays Issuing New Cannabis Dispensary Licenses Due to COVID-19 Pandemic

The state planned to award 75 new adult-use dispensary licenses May 1, but will now wait until the governor’s disaster proclamation expires.

How Nevada’s Tribal Cannabis Businesses Are Responding to the COVID-19 Pandemic

Businesses have been proactive in their response to social distancing and measures to help flatten the curve on tribal lands, while also giving back to those in need.

How Las Vegas' Planet 13 Shifted From Tourist Base to Locals Only

Planet 13's David Farris explains how the dispensary that once primarily served out-of-state visitors has transitioned to delivery-only and serving a new clientele during the coronavirus pandemic.

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