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As COVID-19 Rattles Global Markets, Cannabis Commerce Shows Resilience

In the second quarter of 2020, the United States recorded the largest drop in economic output since it began being tracked in 1947. Outside the U.S., many global economic indicators are showing similar signs of distress. Despite the global economic downturn resulting from the COVID-19 pandemic, legal marijuana in the United States continues to post record cannabis sales — effectively weathering the storm.

Hemp Farmers Eligible for Second Round of USDA Coronavirus Relief

Hemp farmers will have access to the second round of the USDA’s coronavirus relief plan, which will cost $14 billion and continue through December 11.

Hemp farmers are eligible for expanded U.S. Department of Agriculture coronavirus aid under a $14 billion plan announced by the agency last Friday. The program begins today and runs through December 11.

Vermont Lawmakers Finalize Bill for Cannabis Marketplace

Two years after legalizing, Vermont lawmakers have reached a final agreement on their proposal for a regulated adult-use cannabis marketplace.

Lawmakers in the Vermont House and Senate came to an agreement last night over legislation to legalize and regulate adult-use cannabis sales. The bill S.54 previously passed both legislative bodies but in different forms. Now, those differences have been reconciled and the bill needs final approval from the House and Senate it heads to the governor’s desk.

How Mexico's Legal Cannabis Market Impacts Domestic And International Markets

Mexico appears set on finally passing federal legislation after a series of delays.

Per federal law and five Supreme Court rulings in its favor, Mexican lawmakers were required to amend cannabis regulations. But it missed deadlines in October 2019 and April 2020. The Senate's failure to reach a consensus and the suspension of operations during the pandemic served as primary delays.