Canadian Cannabis Companies Ask to Be Included in Ottawa's Coronavirus Aid Package
A large group of Canadian marijuana companies are banding together to lobby for financial aid from their government, according to numerous reports in the media. They hope to be included in a planned 82 billion Canadian dollar ($57 billion) rescue package aimed at mitigating the economic damage caused by the SARS-CoV-2 coronavirus outbreak.
According to an article from news agency The Canadian Press, representatives of more than 70 companies and other parties involved in the marijuana business have signed the letter requesting support. It was addressed to Finance Minister Bill Morneau and Industry Minister Navdeep Bains.
Additionally, the petitioners have requested the right to borrow money from a pair of government agencies, Export Development Canada and the Business Development Bank of Canada.
Source Fool.com
