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Canadian cannabis industry asks Ottawa to be part of $82B coronavirus aid package

Stockhouse Editorial
0 Comments| March 24, 2020

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Click to enlargeCanada's legal pot industry is looking for a slice of Ottawa's upcoming $82-billion economic aid package for its businesses impacted by the COVID-19 pandemic.

More than 70 cannabis industry executives and professionals – ranging from producers to retailers to consultants – penned and signed a letter sent to Industry Minister Navdeep Bains and Finance Minister Bill Morneau on Monday outlining their request to obtain additional funding to weather the economic impact of the virus.

"We are not asking for special treatment, but rather equitable treatment," the letter stated.

Last week, Prime Minister Justin Trudeau announced that the Business Development Bank of Canada and Export Development Canada would provide $10 billion to continued access to financing for those impacted by COVID-19.

Click on image below to read full letter:



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