Cannabis stocks soar as other stocks tumble
Cannabis stocks soar as other stocks tumble
CNBC’s Jane Wells takes a look at why cannabis stocks are faring better than much of the market.
Steven DeAngelo has seen it all. As the so-called “father of the legal cannabis industry,” he co-founded one of the largest vertically integrated licensed cannabis businesses in California, called Harborside, with four stores and $60 million in annual revenues.
But what’s happened in the last month is something new. “We had our largest sales day ever,” he said. “Sales are up 20-25% at all locations.”
Across the country, sales are sky high in states where legal cannabis has been declared “essential medicine” during state shutdowns, allowing stores to stay open.
Customers appear to be stocking up, and many stores are shifting to delivery. It’s also possible the industry is reaching new customers who, until now, have bought their pot illegally, but want to now take advantage of regulated product delivered to their doorstep.
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LOL fln Tilray is 98% off the high… not a bad time to buy this garbage hahah I agree for once
I’m baked now
NUGS. Cannabis Strategic Ventures
Great opportunity right now!
I invested in HEXO because they just signed a contract to make THC drinks that will hit the shelves in December!
Yes makes total sense. Smoke your lungs away while theres a respiratory virus going around that puts extreme stress on your respiratory system.
I recommend +12092642166 Carli plug. I wasn’t sure I was doing the right this trusting but I ended up satisfied with my shipment all the way
More of us will be smoking when we receive our stimulus checks.
She said sales are sky High 💯🌱😆
Oregon governor deemed it essential service.. I will confirm the biggest of companies on stocks, i work for and we are going full bore at the grow warehouse. and corporate is aiding employees with corona plans and giving us notes for officers.. better than 99 percent of companies noncannabis! eat it! its legal!
Markets go lower???.. What markets is she looking at
Massachusetts governor needs to change his mind on cannabis
Because the liquor stores are booming! Unacceptable
Steve Deangelo knows the topic.. props. I must say I work for one of these companies, we arent stopping at all, and people are sitting home consuming it more. Lines at all shops like toilet paper, except we arent running out because even as a "stoner" i easily outwork most of america
https://edition.cnn.com/2019/09/10/health/vaping-outbreak-2019-explainer/index.html
concentrated smoke like weed. it does not allow the lungs to heal.
vaping dabbing and even regular ital smoking destroys ur lungs. only recently
did folks start doing this all day long everyday. years from now like sunny
delight the drink in England results will show what im saying.
https://en.wikipedia.org/wiki/SunnyD
In December 1999, according to a report by BBC News, the negative
publicity escalated when a Sunny Delight television commercial showing a
snowman turning orange was released, at about the same time as reports of a
four year old girl who experienced her skin turning orange – due to the
product’s use of beta-Carotene for color – after drinking an estimated 1.5 litres
of Sunny Delight a day.
Ginny pigs a?
https://edition.cnn.com/2019/09/10/health/vaping-outbreak-2019-explainer/index.html
concentrated smoke like weed. it does not allow the lungs to heal.
vaping dabbing and even regular ital smoking destroys ur lungs. only recently
did folks start doing this all day long everyday. years from now like sunny
delight the drink in England results will show what im saying.
https://en.wikipedia.org/wiki/SunnyD
In December 1999, according to a report by BBC News, the negative
publicity escalated when a Sunny Delight television commercial showing a
snowman turning orange was released, at about the same time as reports of a
four year old girl who experienced her skin turning orange – due to the
product’s use of beta-Carotene for color – after drinking an estimated 1.5 litres
of Sunny Delight a day.
Ginny pigs a?