U.S., March 3, 2020 (420 INTEL)- The cannabis industry has an undeniable packaging problem, and the packaging companies that serve both retailers as well as growers are jumping in headfirst to help green up the segment. We touched base with STO Responsible, a cannabis packaging company in Denver, CO, to …
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How will COVID-19 affect the cannabis industry?
Canada, April 2, 2020 (CANTECH LETTER)- That subject was front and centre today in a new report issued by Echelon Wealth Partners. Analyst Andrew Semple has one overarching message for investors: be opportunistic but also be careful. “Overall, we view cannabis as a relatively attractive industry during the COVID-19 pandemic, …
Read More »Beset by delays, Canadian CBD drink market looking for expanded future
U.S., April 6, 2020 (Hemp Industry Daily)- Two beer giants had big plans to sell CBD infused beverages in Canada by the end of last year. But only one has hit shelves yet, underscoring the challenged cannabis drinks market in Canada. Fluent Beverage Co., a partnership between St. Louis, Missouri-based …
Read More »Big cannabis companies scale back amid coronavirus, raising questions about industry’s overall health
U.S., April 3, 2020 (Marijuana Business Daily)- The COVID-19 outbreak is causing serious jitters among large cannabis companies, with a growing list of multistate marijuana operators scaling back by laying off workers and shuttering operations in a bid to slash costs. The widespread cutbacks this week by Acreage Holdings, MedMen Enterprises and 4Front Ventures also call …
Read More »Quick guide to federal aid available to hemp businesses impacted by coronavirus
U.S., April 1, 2020 (Hemp Industry Daily)- Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the …
Read More »Cannabis Industry Continues to Adapt During Coronavirus Crisis
Canada, March 4, 2020 (420Intel)- It is no secret that the coronavirus pandemic has sent shockwaves throughout the global economy. Many industries are doing their best to limp along as much as reasonably possible, while other industries have been shut down entirely. One industry that seems to be adapting to …
Read More »Some pot producers helping fill need for crucial medical gear
Canada, March 24, 2020 (BNN Bloomberg)- As hospitals across Canada scramble to find new protective gear for healthcare workers who are on the front lines of the COVID-19 outbreak, some are getting fresh shipments from an unlikely source: licensed cannabis producers. Several major cannabis producers such as Canopy Growth Corp. …
Read More »Panic Buying Shifts from Toilet Paper to Pot Stocks Amid COVID-19 Crisis, 8 Weed Stocks Jump Over 150%
Canada, March 2, 2020 (The cannabis investor)- Pot Stocks Are Skyrocketing During Coronavirus Demand Spike, Cannabis Industry Deemed ‘Essential’ These 8 Cannabis Stocks Have Recently Soared More Than 150%, With 4 Posting Gains of Over 200% The cannabis sector is on fire, and the majority of pot stocks are posting …
Read More »FSD PHARMA TAKES STEPS TO MITIGATE THE IMPACT OF COVID-19 ON ITS CANNABIS PRODUCTION FACILITY IN COBOURG, ONTARIO
TORONTO (March 23, 2020) – FSD Pharma Inc. (Nasdaq: HUGE) (CSE: HUGE.CN) (FRA: 0K9A) (“FSD Pharma” or the “Company”) today announced that it has taken steps to mitigate the impact of the novel coronavirus SARS-CoV-2 pandemic on its wholly-owned subsidiary, FV Pharma Inc. (“FV Pharma”), a licensed producer under Canada’s Cannabis …
Read More »Mexico’s legalization of hemp, marijuana could be ‘quite significant’ for US markets
U.S., March 20, 2020 (Hemp Industry Daily)- Mexico is poised to become the world’s most-populous country with legal marijuana and hemp next month – and, unlike its northern neighbor, Mexico is setting nationwide regulations to cover all forms of cannabis, no matter the THC content, instead of having a patchwork of …
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