As Covid-19 continues to spread, it is creating many unfamiliar challenges. As we are all doing our part to continue social distancing, many of us find ourselves stuck at home with no gym or exercise activities to maintain good health. Luckily, GGS is expanding their product lines to help with this new demand for indoor home gym equipment.

After weeks of development and adapting our current product, we are proud to introduce our new department at GGS that will focus on developing our “Greenhouse Gym Stuff” line.
 

Our new products include:

Investment safety is something that is hard to come by in the current state of the cannabis industry. With the coronavirus taking its toll on all world stock markets, it seems as though now is a difficult time to be an investor. But, this does not mean that the potential of pot stocks is less than before. Rather, we have seen some of the most intriguing marijuana stocks, shoot down to bare bones prices. What goes down, must have gone up at some time. The cannabis market is notoriously volatile.

Inventory data from the Ontario Cannabis Store's online store shows that the sales bump seen earlier in the month may have trailed off after taking stock over the past weekend, BMO Capital Markets analyst Tamy Chen said in a report released on Tuesday.

For example, inventory levels of dried flower on the OCS website fell by 13,000 items during the week of March 13, Chen said. Those levels bounced back two weeks later to show a decline of just 2,300 items, a sign that cannabis producers were better equipped to replenish their inventory, she said. Similar inventory moves were observed with vape products on the OCS website.

The Pontiac Group is used to adapting quickly.

The First Nations owned and operated socio-economic development firm, which fosters on-reserve business opportunities, navigated the first community benefits agreement signed between a cannabis company and a First Nations community in Canada in 2015, three years ahead of federal legalization.

More recently, they’ve been pushing Health Canada to evolve the regulations around cannabis delivery while advocating for the use of drones to make deliveries to remote locations. But now, as the COVID-19 pandemic grips the world, they’ve altered their course — at least temporarily.

Canadians are being encouraged to stay home as much as possible amid the COVID-19 pandemic. But cannabis-loving Ontarians have had to venture outdoors to a brick-and-mortar pot shops if they wanted to receive their weed in a timely manner this week.

The Ontario Cannabis Store (OCS) has announced planned service delays associated with shipping products to clients. “With the end of our financial year, it is time for our annual inventory review with the Office of the Auditor General of Ontario,” reads a statement posted to the OCS website.

The products that have been flying off the shelves during the COVID-19 pandemic are, more or less, what you might expect. The dearth of toilet paper has been well-documented. Canned goods are the focus of most grocery store trips. So too are cleaning supplies. 

But cannabis — something that was illegal less than two years ago, and remains federally illegal in the US — has become one of North America’s most sought after items. 

Cannabis companies across American and Canada are helping healthcare workers by offering supplies amid the coronavirus COVID-19 pandemic.

Entrepreneurs in the marijuana space are realizing they can help fill gaps in the severe supply shortage hospitals are facing as they brace for a surge in COVID-19 patients. Safety items such as masks, protective gowns, gloves, and other personal protection equipment (PPE) used by cannabis growers and budtenders are being donated to health workers and hospitals. In addition, extractors who engineer cannabis concentrates have been making hand sanitizer with ethanol in order to help reduce the hand sanitizer shortage. 

It’s been pretty clear over the last year that not everyone has been in the cannabis business to build a thriving new cash crop industry. The stories of startups making claims about growth and sales, enticing investors, then bailing with millions in ill-gotten gains, have become part of the early history of this industry. Business fraud seems almost endemic right now.

Earlier issues of allegedly synthetic cannabinoid products being sold at truck stops, which were actually a green leafy substance sprayed with a chemical that caused agitation and hallucinations, were really the first instances of product fraud.

The coronavirus has caused quite a big stir in the world’s financial markets as well as the cannabis industry in particular. With marijuana stocks shooting down and then back up very quickly, it is clear that now is an extremely volatile time for any investment. With that in mind, we as investors have a few options. For starters, owe can use this lapse in time to begin refining our strategies. The cannabis market is undeniably shifting. Because of that, it may be time to shift our strategies more toward what the future of the industry will look like.