Listen to “S2.E16. Stimulus Packages for Cannabis? COVID-19 Depression. CARES Act Qualification. Cannabis Business Changes.” on Spreaker.
00:14:00 Cannabis News
00:05:08 Stimulus Packages for Cannabis?
Morgan Fox is the Media Relations Director for the National Cannabis Industry Association. He discusses the newly arrived issue regarding the rights of employees of cannabis businesses to apply for the stimulus packages. Due to the illegal status of marijuana at the federal level, cannabis related businesses are not going to be eligible for SBA loans or other forms of relief in the federal stimulus packages. This includes indirect businesses, not just plant touching businesses. Advocacy groups are trying now to get language inserted into the various stimulus packages.
TheCannabisIndustry.com
00:16:27 Announcement
00:17:22 COVID-19 Isolation and Depression
Dr. Jordan Tishler discusses the issues facing us as we hunker down in the corona virus global pandemic. This wave of isolation is causing depression and anxiety and in some people. Being cooped up on the house can leave people feeling stir crazy when people cannot go out, see the friends and visit family. Dr. Tishler describes what is happening here and abroad and how people are coping.
Cannabis-Specialists.org
00:31:02 Announcement
00:31:58 CARES Act Qualification for Cannabis Businesses
Codie Sanchez is the Managing Director of Entourage Effect Capital. She discusses how the CARES Act relates to all cannabis industries. Growers, processors and dispensaries should explore their eligibility for the financial benefits offered to businesses now. Massive funding and rapid distribution brought a rapid respond this unique emergency package. Find out what is happening in the distribution and how banks and the Fed are handling the process.
EntourageEffectCapital.com
00:45:24 Announcement
00:46:08 Cannabis Business Changes
Craig Behnke and Mike Regan are Equity Research Analysts from MJBiz Daily’s Investor Intelligence. They joined us to talk about cannabis markets, valuations and where the market may go from here. The focus first on dispensaries which have been determined to be essential by many states, so they will remain open. But in many cases, only medical use was deemed essential. Many dispensaries are offering a variety of product delivery methods. This includes, home deliver, curbside pickup, and a reduction in the number of people allowed into a store.
MJBizDaily.com