Cannabis sales have been on the rise in recent weeks with stir-crazy consumers looking for a way to pass the time while they wait for nationwide quarantines to be lifted. Thankfully for them, 24 US states have deemed dispensaries and other Cannabis-related business “essential”, allowing millions to continue getting their fix. In light of the industry’s essential status, members of congress are now beginning to lobby for regulatory relief and future inclusion in the broader SBA stimulus program that’s already earmarked $350 billion for distribution to US small businesses.
Related ETF: ETFMG Alternative Harvest ETF (MJ)
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