Friday, April 03, 2020 3:56:57 AM
The global impact of the coronavirus has intensified coverage of companies that market CBD and other health-related products.
CBD Sales Spiked Prior To Shelter-In-Place Orders, But Its Staying Power Now Is Not As A Coronavirus Cure But As A Reducer Of Anxiety And Stress
CBD is not a cure or protocol for medically treating the coronavirus but its properties address key elements. It is known to offer anti-viral, anti-inflammatory and anti-bacterial properties. It also acts as an effective treatment for nausea and vomiting, which can be induced by the coronavirus in humans. Just as important, CBD can be a relaxant for anxiety and stress of home-bound people fearful of catching the virus. CBD sales spiked prior to shelter-in-place orders, but its staying power now is not as a coronavirus cure but as a reducer of anxiety and stress.
Nationwide online sales of CBD jumped 230% prior to the coronavirus quarantines and in California orders hit a record peak after Gov. Gavin Newsom issued his shelter-in-place order for the state, the Wall Street Journal reported, based on data from website Weedmaps. As more states mandate stay-at-home orders with only essential travel permitted (visits to groceries and pharmacies), several states have ruled that CBD dispensaries and licensing shops are essential and can remain open during the crisis. CBD sales spiked prior to shelter-in-place orders, but its staying power now is not as a coronavirus cure but as a reducer of anxiety and stress.
As a result, CBD is playing an important role in calming the nerves of shut-ins. The conclusion
FEATURED ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • Oct 10, 2024 8:09 AM
FEATURED CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM