Cannabis And Coronavirus: How Pot Stocks Are Impacted presentation

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Title: Cannabis And Coronavirus: How Pot Stocks Are Impacted

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Cannabis And Coronavirus How Pot Stocks Are
Impacted
https//calmcollectiv.com/
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Cannabis and coronavirus seemingly unrelated
but maybe more closely connected than we think.
Now considered a pandemic, COVID-19 has reached
100 countries and infected more than 125,795
people. So, what does this have to do with
cannabis?

Well, like the economy as a whole, pot stocks
will also take a hitunless you see the tiny
sliver of a silver lining, where they might
actually get a much-needed boost. So, get out
your hand sanitizer, pack your vape pen, and put
on your facemask lets take a look at cannabis
and coronavirusand how pot stocks are impacted.

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A Rising Tide Lifts All Boats
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Theres a saying that when things are good,
theyre good across the board. When theyre bad,
like they are now, very few players are able to
truly thrive. And to be honest, cannabis
stocks werent doing so great before COVID-19
started gaining more attention. So, when the
market as a whole started to take a nosedive,
this was just an added burden for the
already-vulnerable marijuana stocks. As of the
time of the article being written, average
cannabis stocks are down 76 from their 52-week
high. Many investors are coming to grips with the
fact that this global pandemic will have a
negative impact on the global economypot stocks
included.

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Chinese Consumerism
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A connection that may not be as apparent is the
control of the spread of the virus. Chinas
making a lot of efforts locallybut they are
affecting cannabis stocks around the world.
Coronavirus started in China and, at this point,
the country has been affected more than anywhere
else. The Chinese government has been taking
measures to contain the virus, which is
potentially troublesome since many Chinese-made
products end up everywhere around the globe.
Where is the connection between cannabis and
coronavirus? Well, most vaporizers and product
packaging are made in China. If exports are down,
so are the stocks that rely on these products.

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Its Not All Bad News
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When stock markets are suffering, cannabis
companies have a difficult time accessing
sometimes very much needed capital. In fact, its
looking like some marijuana firms may go under.
When prices drop, however, it may be a good thing
for some investors. For those who want to get in
on pot stocks, and do so cheaply, now could be
the best time.
Some analysts are even inspired by the current
outbreak and the anxieties its producing. Where
alcohol consumers typically like to drink in a
large gathering, cannabis consumers prefer to
smoke alone, or in a smaller group. If were all
self-quarantining, we might be enjoying more
marijuanaa very happy thing for pot stocks.

We hope this gives you a bit of insight as to
whats going on in the world of pot stocks, and
how the recent pandemic is impacting it in a
variety of ways. If youre an investor or
thinking about getting into the marijuana stock
market, we hope that you were able to find some
good news in this article. If not, stock up on
non-perishables, stay in tonight, light up a
joint, and do your part to support the cannabis
industry.