by InfluencER | Jul 15, 2020 | Investors, Production
The German cannabis market is currently experiencing major shakeups during the summer of 2020. Marijuana distributor licenses proliferate as specialty distribution has become unsustainable. Also, the rest of the industry will be under further pressure to reduce...
by InfluencER | Jul 14, 2020 | Investors, Production
Canopy Growth Corp. reports that it has laid off another 30 employees as part of its corporate restructuring, during the coronavirus pandemic. Jordan Sinclair, the company’s vice president of communications, said in a statement; “The layoffs that affected operations...
by InfluencER | Jul 14, 2020 | Investors
Amid the COVID-19 restrictions, Cannabis has been designated an “essential service” by many state governments which have improved many the financial forecast within the cannabis industry. The designation demonstrates how government and industry can work together...
by InfluencER | Jul 13, 2020 | Consumer, Investors
Canadian brand awareness and conversion are reportedly lagging amongst Cannabis consumers. According to a survey of 3,000 consumers conducted by pot data firm Brightfield Group; Fewer than 15% of users recognize most marijuana brands. In fact, currently, No brand in...
by InfluencER | Jul 13, 2020 | Investors
Data shows promising performance in cannabis industries in Florida indicating overall growth in the demand for cannabis. Reports saw a surge in patient growth in Florida grown by more than 51% over the past year. Recently, Patient expansion in Florida also grew 5%...
by InfluencER | Jul 13, 2020 | Investors
As the corona-virus shutdown became a major threat to the economy in March, the impact on the cannabis industry was still very unclear. According to reports “Cannabis stocks have rebounded 79% from the record low, yet they remain down 28% in 2020 and 83% since...
