COVID-19 And Marijuana: Can Cannabis Municipal Bonds Help Government Budgets?

Tuesday, April 7, 2020

Steve Katkov discusses how Cannabis Based Municipal Bonds (CMBs) could offer relief for governments and financial institutions impacted by the COVID-19 pandemic in Forbes. According to a report by MPG Consulting, CMB bonds could be a viable way to aid in the recovery of lost revenues and act as a source of financing for local initiatives and infrastructure. 
“Given the extreme financial pressure put on states and municipalities due to the COVID-19 crisis, government leaders should consider looking at every available option to finance critical initiatives and infrastructure projects,” said Steve. “In markets with sufficient demand, Cannabis Based Municipal Bonds could present valid options.”
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