420 with CNW – COVID-19 Reshapes the Marijuana Industry’s Long Term Outlook

April 17, 2020 04:20:15

Three months after the Coronavirus first appeared in Wuhan, China, it has infected over 2 million individuals and claimed at least 130,000 lives worldwide. Experts say more than 70% of the world’s population may end up infected with the virus, and that we may have to practice social distancing in sporadic periods until 2022 to make sure it is completely eradicated. It’s safe to say the pandemic isn’t going away any time soon.

To help curb the spread, most governments have ordered lockdowns, requiring people to self-isolate and all but the most essential businesses to shut down. This has been extremely hard on the economy, with some economists saying the U.S. is already in a recession. The cannabis industry felt the effects of the Coronavirus way before it spread to Europe and the U.S., and it’s very possible that…

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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