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This amazes Steven DeAngelo. "Many people rely on cannabis as a first line of defense for medical issues," he said.
DeAngelo believes the plant can help calm people during stressful times. "Most of all, if we don't allow people access to cannabis — which is relatively safe — they're quite likely going to start self-medicating with more dangerous substances."
As demand flourishes, long-suffering publicly traded cannabis companies have seen their shares start to rebound. Canopy Growth is down 70% in the last year, but over the last week shares are up 25%. Tilray has lost 90% of its value in the last year, but over the last week shares rose nearly 40%.
Average store revenue is up 52% to 130% compared with January at more than 1,300 stores using cannabis e-commerce platform Jane Technologies.
Beverages and edibles are seeing significant sales lifts in California, according to cannabis analytics firm Headset.
Across the country, sales are sky high in states where legal cannabis has been declared "essential medicine" during state shutdowns, allowing stores to stay open.
Customers appear to be stocking up, and many stores are shifting to delivery. It's also possible the industry is reaching new customers who, until now, have bought their pot illegally, but want to now take advantage of regulated product delivered to their doorstep.
As demand flourishes, long-suffering publicly traded cannabis companies have seen their shares start to rebound.
Customers appear to be stocking up, and many stores are shifting to delivery.
Legal sales of marijuana are booming as the nation battles the coronavirus crisis.
Can't wait for the next cannabis rush
More good news coming imo
The company will continue to provide additional updates as this and other pending events progress.
Additionally, if or when the Seed Fund makes an investment in the Oakland retail project, it has already been agreed that the location may also serve as a secondary office to Cann American Corp. Thus allowing the company to begin expanding its presence in the California Bay Area. This has been a strategic objective for some time.
The company is currently reviewing two candidates already. One is a unique infused beverage company near Woodland California that is already operating and preparing to scale up significantly. The other is a retail concept in one of the best sections of Oakland California, where the 2600 sq. ft. storefront has already been retained.
Similar in the way tech accelerators and incubators have operated for many years, Seed intends to make investment commitments in up to five companies annually, seeking small equity stakes in each company. The fund will help each company advance their branding, vision and business models with the intention that if we hedge our bets across several companies, operating in various arms of the industry, the company can increase its odds of landing a few that might be overwhelmingly successful.
In addition to the company's R&D division under Cannequipt, Seed Fund, or simply, Seed, will act as an incubator and funding vehicle to help advance early stage and operating companies that Cann Am believes have strong growth potential to become solid revenue generators in the cannabis and hemp industries.
Cann American Corp. (OTC PINK:CNNA) is pleased to announce Seed Fund LLC as a wholly owned subsidiary.
And more volume of course
Yes 10 baggers
Anyone around?
Accumulating here
Way over 1000% imo
Yes true
0.0020 ask
Very low daily average volume
AVERAGE VOL (30D) 935,544
52 wk range 0.0009 - 0.02
Additionally, if or when the Seed Fund makes an investment in the Oakland retail project, it has already been agreed that the location may also serve as a secondary office to Cann American Corp. Thus allowing the company to begin expanding its presence in the California Bay Area. This has been a strategic objective for some time.
The company will continue to provide additional updates as this and other pending events progress.
The company is currently reviewing two candidates already. One is a unique infused beverage company near Woodland California that is already operating and preparing to scale up significantly. The other is a retail concept in one of the best sections of Oakland California, where the 2600 sq. ft. storefront has already been retained.
Similar in the way tech accelerators and incubators have operated for many years, Seed intends to make investment commitments in up to five companies annually, seeking small equity stakes in each company. The fund will help each company advance their branding, vision and business models with the intention that if we hedge our bets across several companies, operating in various arms of the industry, the company can increase its odds of landing a few that might be overwhelmingly successful.
In addition to the company's R&D division under Cannequipt, Seed Fund, or simply, Seed, will act as an incubator and funding vehicle to help advance early stage and operating companies that Cann Am believes have strong growth potential to become solid revenue generators in the cannabis and hemp industries.
Cann American Corp. (OTC PINK:CNNA) is pleased to announce Seed Fund LLC as a wholly owned subsidiary.
Should bounce and run from there
Yes agree
Definitely a great opp down here
Theu bounced many times
Looks good down here
We're at the bottom line
InnerScope Hearing Technologies Inc. (OTCQB: INND) ("InnerScope") a manufacturer and Direct-to-Consumer ("DTC") distributor/retailer of FDA-Registered Hearing Aids, Personal Sound Amplifiers Products, ("Hearing Products") Hearing Related Treatment Therapies, Doctor-Formulated Dietary Hearing Supplements and proprietary CBD Oil ("Hearing Health Products") (collectively "Hearing Product Portfolio"), today announced it has initially begun to deploy its fully automated (unattended) Free to the Public Hearing Screening Kiosks ("Hearing Kiosks") to be located inside medical buildings, pharmacies, physical therapy and senior center locations around its 11 Northern California Value Audiology & Hearing Aid Center Retail locations ("InnerScope Retail Locations"). InnerScope expects each Hearing Kiosk location deployed around InnerScope Retail Locations will increase its revenues by driving incremental qualified referrals to directly to InnerScope Retail Locations.
Hearing Aids Market to Reach USD 14.45 Billion by 2026, Exhibiting a CAGR of 7.2% | Fortune Business Insights