WeedWeek business columnist Dan Mitchell, found investors to be notably bullish on cannabis:
“The pandemic itself still presents plenty of risk. But all the participants [on a panel] agreed that, so far, it’s nowhere near as bad as it might have been. This owes to state governments declaring legal weed to be an “essential” business.
“…The general consensus among the call’s participants: there’s still plenty of risk, but, the future looks promising. And it looks more promising the further out you go.”
At New Cannabis Ventures, analyst Alan Brochstein says ancillary pot stocks are leading the way.
- In his other gig at the East Bay Express, Dan Mitchell looked at how pot shops are trying to protect themselves from armed burglars.