The legal cannabis industry in the U.S. has long contended it is unfairly burdened by IRC §280E's disallowance of deductions for ordinary and necessary business expenses.
The U.S. Congress and President Trump have barred state-legal marijuana businesses and most ancillary cannabis companies from receiving grants or low-interest loans through the newly enacted $2 trillion federal stimulus package.
While other industries are suffering losses during the unprecedented COVID-19 pandemic, cannabis has been deemed an "essential good". The industry is now hiring to meet a new type of demand.
The new collective bargaining agreement approved by players allows them to use marijuana - but only if they are willing to pay for it when they get caught.
