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Hemp farmers, CBD producers included in coronavirus emergency aid program

Our Take: Pure Midwest has not reached out to tap into the Economic Injury Disaster Loans. We are a streamlined company without massive ad budgets and letting our product quality speak for itself.

Hemp farmers and CBD companies are now eligible for COVID-19 related economic relief from the Small Business Association and the U.S. Department of Agriculture, an industry group said.

TheEconomic Injury Disaster Loans program was expanded to include hemp farmers under the Paycheck Protection Program Increase Act, passed by the U.S. Senate Tuesday.

The U.S. House is expected to approve the bill Thursday, and President Donald Trump has indicated he would sign it into law, the hemp lobbying group Vote Hemp said Wednesday.

The program was expanded to include farmers and hemp-related companies with fewer than 500 employees because USDA emergency loans had been limited to natural disasters.

https://www.upi.com/Top_News/US/2020/04/23/Hemp-farmers-CBD-producers-included-in-coronavirus-emergency-aid-program/8901587593649/

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