Pot Sales Jump as More People Stay at Home: Bank of America

[totodeinhere]

Source: Bloomberg

(Bloomberg) -- More people stuck at home has led to a higher demand for cannabis, and Aphria Inc. is one of the best-positioned companies to take advantage of that trend, an analyst at Bank of America said.

“Our checks across North America were consistent: regardless of region, cannabis purchases have accelerated,” analyst Christopher Carey said in a note. “While likely on pantry loading, it’s not unreasonable to think there will be some boost to per capita consumption as people stay at home longer.”

Read more: https://finance.yahoo.com/news/pot-sales-jump-more-people-123245158.html

---

It's interesting that here in Nevada the governor has ordered all non essential businesses to close, but pot dispensaries are on the list of essential services and will remain open.

[samnsara]

1. same here in wash state..we are under shelter in place but thats on my shopping list

[getagrip_already]

2. I grow my own, always have more than needed.....

Friends and family are happy though. I don't sell it, but it is a fun hobby.

Perfectly legal btw.

[uncle ray]

3. Dispensaries in CO only allow one or two customers at a time

Its already relatively safe as far as retail sales go.

[Bernardo de La Paz]

4. Depends on cleaning between customers. Rate of 1 or 2 makes curbside service more logical.

State your order at the curb, wait at curb, receive at curb.

[marble falls]

5. The ONE thing I allowed to get too low. My dealer is an 80+ old lady who got taken off to ...

hospital a couple of weeks ago and now that she's out is scarily fragile.

[Liberty Belle]

6. Cannabis lobby warns against smoking due to coronavirus (use edibles or tincturs instead)

You know it's bad when the marijuana industry tells you not to smoke pot!

https://news.yahoo.com/cannabis-lobby-warns-against-smoking-due-coronavirus-213809983.html

To avoid spreading the novel coronavirus, marijuana smokers should avoid sharing joints and should favor edible products, US cannabis industry figures said Wednesday. Erik Altieri, executive director of NORML, a major US pro-cannabis lobby…also called on users to not share the various tools they might use to smoke marijuana -- including bongs, water pipes or vaping pens -- and to clean them with disinfectant gel. "Further, because COVID-19 is a respiratory illness, some may wish to limit or avoid their exposure to combustive smoke -- as this can put undue stress and strain on the lungs. The use of edibles or tinctures can eliminate smoke exposure entirely," Altieri said in the statement.

[totodeinhere]

8. That makes sense since any smoke ingested into the lungs can be harmful.

We need to keep our lungs as healthy as possible since this virus attacks the lungs. But I doubt if many smokers will heed this warning.

[NotHardly]

10. Have you heard of eddibles, drops, liquids? ... if you lived in a state that legalized it, you would

[Marcuse]

7. Stimulus.

[NotHardly]

9. Waving at you in Oregon-speak....;)

[Mazeltov Cocktail]

11. There's gonna be a Corona baby-boom come November...

Caronaboomers --- which is the name of my Jonas Brothers cover band...

[rocktivity]

12. Make sense

since the restaurants are closed (and more expensive anyway) and more people are cooking at home...


rocktivity