Surely, no one thought a 159% sales increase over March 16, 2019 sustainable. If there is such thing as settling in during 2020 weed, a sales level 18% higher than last year ought to feel reassuring. However, the problems of 2019 won’t be outrun.
MJ Biz Daily
- “The Coronavirus is basically exacerbating an existing problem,” California-based report John Schroyer says in this video, “which is basically a capital crunch. A credit crunch.” The retreat in institutional investors that began last year is chief among underlying negatives.
- Our present shortage of capital may result in lasting systemic damage to the industry.
Quick Hit
- We know that cigarette smokers are at higher risk of contracting Covid-19, but does smoking pot put consumers at higher risk? “Probably,” says Dr. Stanton Glantz, professor of medicine and director of the UCSF Center for Tobacco Control Research and Education. The jury is out on vaping as well.
SF Weekly/KQED
