A preliminary study looking at the impact of COVID-19 on cannabis patients, led by the University of Miami, will be utilising epidemiology expertise, and looking at data collected on the patterns and trends of medical cannabis patients during the coronavirus outbreak.
Illinois’ new recreational marijuana market is off to a hot start even amid the spread of coronavirus. Earlier this week, the state announced nearly $36 million worth of legal cannabis was sold in March — on par with numbers from February.
The cannabis bankruptcy filings are starting to roll in.
Electronic devices have changed chemistry. Just as home kitchen counters now feature machines—such as electric kettles and multicookers—that make food preparation more convenient, so modern laboratory benches have dedicated labor-saving devices. For many labs, especially within organic chemistry, one of the most commonly seen and frequently used pieces of equipment is the rotary evaporator. Next-generation, electronic rotary evaporators are beginning to offer tangible and significant performance benefits.
Marijuana stocks had a rough 2019. The Horizons Marijuana Life Sciences ETF (OTC: HMLSF) fell 39% last year as the S&P 500 rose by 29%. The honeymoon stage for the cannabis industry is long over. And although the outbreak of the coronavirus isn't going to do the industry any favors this year, the reality is that marijuana stocks were going to face problems in 2020 either way.
America’s 243,000-strong legal cannabis workers are rapidly adopting local, state, federal and international health guidelines to keep working as essential businesses during the COVID-19 pandemic.
Regulators have de facto deputized marijuana dispensary operators coast to coast as frontline health care workers—doling out pain and anxiety medication, for starters.
Marijuana stocks were on a rollercoaster ride in March. After struggling in 2019, the marijuana sector didn’t start 2020 on a good note either. The Horizons Marijuana Life Sciences ETF (TSE:HMMJ) tracks the North American cannabis industry. HMMJ fell by 18.8% in March. Overall, the month didn’t start off well for the cannabis sector even before the coronavirus pandemic hit. Surprisingly, while COVID-19 has impacted other sectors, it has helped the cannabis sector. The demand for cannabis increased and sales rose.
As a wide range of American economy sectors ground to a halt in response to the coronavirus crisis, one particular industry headed in the other direction. Across the United States during the week of March 16, cannabis dispensaries saw their sales soar by double digits. One company dealt with hour-long lines at its Pennsylvania stores.
