The Cannabis Industry Could Get a Big Boost in the Next Stimulus Bill

Left out of the CARES Act and in dire need of cash, pot stocks need some assistance this year. Here’s what could happen. While many companies are getting benefits from the government to help battle COVID-19 and its impact on the economy, cannabis is one industry that’s been overlooked. Marijuana companies are ineligible for support under the Coronavirus Aid, Relief, and Economic Security (CARES) Act because they’re involved in federally illegal activities. Even companies that…

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Author: David Jagielski, The Motley Fool