Florida Bankers Association

Last night, Congress passed a COVID-19 relief package. In it, more than $284 billion will go to the federal Paycheck Protection Program (PPP). It gives loans to small businesses who then use that money to pay their employees. The program's goal is to prevent layoffs for businesses impacted by the pandemic. The program stopped accepting applications in early August, but now, if President Trump signs the COVID-19 aid package, business owners could once again apply for PPP loans.

The legality of medical marijuana is still largely a gray area in the eyes of the federal government. The confusion impacting banks, dispensaries and…