Grapefruit USA Inc (GPFT)

[CashBowski]

The Coronavirus Crisis is causing mass anxiety, and mass anxiety is likely the reason for recent record cannabis sales, both medicinal and recreational.

Multiple reports are out on exponential CBD and Marijuana sales spikes. ABC news recently reported over 150% increase in cannabis sales in California. California has declared cannabis establishments as “essential” business ops that can remain open during the Coronavirus shutdown.

Oddly, a global crisis could be the catalyst that triggers a cannabis sector resurgence.

Micro-cap cannabis stocks like $GPFT will be more likely to get a pop generated by the Coronavirus driven increased demand for cannabis.

As Yourist acknowledged and noted, GPFT pps has been knocked down quite a bit, and where there’s blood — there’s opportunity for investors. It takes less to move the needle for these smaller companies, and with increased cannabis product demand, $GPFT shareholders could be in for a pleasant surprise once we emerge on the other side.

GLTA