Wednesday, May 8, 2024

Cannabusiness

Did COVID-19 Kill The Cannabis Industry’s M&A

Due to COVID-19 and its impact on the global economy, since the beginning of 2020, the S&P 500 index is down nearly 20%.

Here Are The Reasons Why Cannabis Consumers Stocked Up

How has the coronavirus affected marijuana consumers? Let’s take a look at a recent survey.

Marijuana Sales Have Leveled Out Post-Coronavirus Bump

Following the stockpiling trend, marijuana sales have fallen back to pre-pandemic daily averages.

Why The Black Market Continues To Thrive — And What Is Being Done About It

While the black market is thriving in nearly every market where cannabis is sold — it was 60% of second quarter sales in Canada in 2019 — it appears to be particularly troublesome in California.

Will Cannabusiness Get Bailed Out From Losses During And After Pandemic?

If a business is declared “essential” during this time, shouldn't it be allowed to get in line for some federal assistance?

Cannabis Companies Step Up To Help Fight COVID-19

These cannabis companies have taken extra steps in order to assist in the fight against the virus.

Canadians Are Panic-Buying Marijuana — Could Coronavirus Cause Another Shortage?

Inventory at Canadian cannabis stores are lower than ever due to increased sales, but officials maintain supply is stable.

Harsh Marijuana Delivery Restrictions Being Eliminated Due To COVID-19

Government officials have responded to the virus by allowing more marijuana deliveries and curbside pick-up options to increase social distancing safety measures.

Hemp Farmers Really Need A Break In 2020

In addition to struggling to turn a profit, many hemp farmers are being left with a surplus they cannot unload.

Consumers Are Stocking Up On Weed Like It’s Toilet Paper

When the gravity around the coronavirus finally struck Americans this past week, most rushed to buy the necessities to survive an extended period of isolation.

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