I’ve been fighting for medical cannabis patients for 25 years.

As a

While some billed 4/20/2020 as possibly stoking a month-long weed party, COVID-19 crushed 2020 celebration plans and hurt sales in the process.

That’s according to Cova, a Colorado cannabis software company whose retail platform is used in over 20,000 pot shops in the U.S. and Canada.

In a statement released Wednesday, the company said average store sales across North America on 4/20 were US$8,000 — down 50 per cent compared to April 20, 2019 revenues.

“Because of Covid-19, we’re seeing sales affected by stay at home orders and extreme social distancing measures,” Cova said.

The expansion of the cannabis industry is parallel with the increased public awareness of the marvelous benefits of cannabis for our health and wellbeing. New and current companies in the cannabis industry are constantly looking for new additions to their teams. There’s more to hiring people than reading a few resumes and choosing which one suits your company the most.

COVID-19 has transformed our reality as we know it, impacting every aspect of day-to-day life in ways we could never have imagined. With the tightening of COVID-19 regulations and stay-at-home orders hitting last March, the cannabis delivery platforms have become a sought-after solution for those customers hunkered down at home. At our delivery service Emjay, we saw a 50.1 percent increase month-over-month in business as people, not surprisingly, turned to cannabis for its holistic benefits to combat the stress and uncertainty running rampant.

Today, we find ourselves in a nerve-racking environment as COVID-19 spreads across the globe. The pandemic has sent the global economy into a recessionary-like environment as investors remain uncertain as to how this crisis will play out. I’m sure all of you have read quite a lot about the virus; however, KEY Investment Partners wants to share their thoughts on the matter, what they expect to see in the private cannabis markets in the near future, and why they believe recent events could uncover opportunities for savvy investors.

The pure-play marijuana stocks have definitely seen better days. In the past month, we have witnessed many of the largest pot stocks, shoot down by billions in market value. While the cannabis industry as a whole is working to rebound from coronavirus related volatility, there are still some interesting marijuana stocks to watch.

Artificial intelligence has infiltrated our society like a thief in the night. One minute it was a budding idea that everyone thought wouldn’t last, and a minute later, it was in homes all over the world. We have self-driving cars, voice-activated robots, analytical data programs, predictive financial models, and so much more. It’s become part of almost every market—why wouldn’t it affect the cannabis industry too?

Like any industry, the cannabis market has need of efficiency, streamlining, predicting, organizing, and more. AI can bring all these benefits and more. Let’s take a look at exactly how much AI has infiltrated cannabis for the better.

Neptune Wellness Solutions Inc. NEPT 6.32% announced Tuesday the launch of a product development partnership with the primatologist and anthropologist Dr. Jane Goodall.

Working with the company, Goodall will co-develop natural health and wellness products for Neptune’s Forest Remedies brand.

Five percent of all sales from the co-developed products will go to the Jane Goodall Institute, in addition to an initial $25,000 donation from Neptune.

The $130-million lawsuit filed by a Calgary cannabis retailer is a “defensive tactic” to allow it to default on a loan, a B.C. pot company claims.

In a statement of defence and counterclaim, Tilray Inc. and its subsidiary, High Park Shops Inc. say 420 Investments Ltd., which operates Four20 cannabis outlets, owes them $7 million.

The court documents, obtained Wednesday by Postmedia, dispute 420’s claim Tilray reneged on a deal to purchase the Calgary-based company for $110 million.

Tilray alleges 420 commenced its court action in response to the defendant’s “lawful and entirely justified termination … of an agreement,” and the default by 420 of a $7-million “bridge loan” the retailer received from High Park.