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.”
 
To read the full article, click here.
 

People

Related Practice Areas

Keep up-to-date with the latest news from Cozen O'Connor

Enter your City or Zip.

Probably shouldn't change this:
Sign up to receive alerts, publications, and event / webinar invites.

By submitting your contact information, you are giving Cozen O'Connor consent to contact you via email.