As a rabbi who works in the cannabis industry, I’m considered safe. Neighbors, friends, even fellow clergy approach me with questions and requests: “How do I join the program?” “Does cannabis help with [fill-in-the-blank]?” “Do you have any samples?” The questions vary, but the conversations usually end the same way:

“Rabbi, please keep this between us.”

“Of course,” I respond, “Your secret is safe with me!” 

But inside, I know that keeping quiet about cannabis is ultimately dangerous. Secrecy perpetuates the stigma and shame that have for too long accompanied cannabis in American culture. But in the Age of COVID-19, secrecy may no longer be necessary.

2020 will always be remembered as the year of coronavirus. In the retail marketplace, people were driven away from physical retail stores and became increasingly reliant on remote shopping. Also, many nervous consumers dealing with pandemic-induced stress and sleeping disorders have been embracing the relatively new marketplace of cannabidiol (CBD) products. 

Unfortunately, this dynamic has created a perfect storm for fraud, as scam artists hide behind the anonymity of the internet and prey on unsuspecting consumers with subpar, fake and/or counterfeit CBD goods. 

How Next Months Trading Could Affect These Top Pot Stocks to Watch

The double blow of collapsing oil prices and the COVID-19 crisis have pushed Alberta into a historic deficit of $24.2 billion - more than triple what the United Conservative government projected in its February budget.

“We are continuing to deal with an incredible amount of pandemic uncertainty and economic uncertainty,” said Finance Minister Travis Toews, who delivered his first-quarter economic update Thursday.

“There will be some very difficult days ahead and the road to recovery will be slow.”

Toews reeled off a litany of gloom. Government debt is expected to hit $100 billion by the end of the fiscal year next spring. Overall government revenue is anticipated to drop by $11.5 billion - nearly one-quarter.

How Will These Small and Mid-Sized Pot Stocks Continue to Perform in September?

Anyone that has cultivated cannabis will tell you that it is one of the most rewarding activities they have ever done.

Look for cannabis-infused drinks to make a splash next year. According to the ‘Disrupting Drinks’ report published by cannabis market intelligence firm Prohibition Partners, cannabis drinks are likely to pose a threat to the dominating alcoholic beverage industry. The report also states that the market for cannabis-infused drinks is expected to rise to an estimated $4 billion by 2024. 

The NSLC released its first quarter financial results today for April 1 to June 28, 2020, reporting a 6.8% increase in earnings.

“This was an unprecedented quarter for us,” said Greg Hughes, President & CEO. “We adjusted our business to continue to provide service to Nova Scotians during the pandemic and we’re happy we were able to keep our doors open.”

Sales overall were up 5.3 % to $184.2 million with an increase in both beverage alcohol and cannabis sales. Beverage alcohol sales were up 5 % to $166.8 million and cannabis sales were up 7.8 % to $17.3 million.