Charlotte Figi, Namesake of Charlotte’s Web CBD Cultivar and Subject of CNN ‘Weed’ Documentary, Dies Due to COVID-19

  • However, 76% indicated their companies are still providing normal services, and 64% live in areas where cannabis businesses are considered essential, which has boded well for many in the industry.
  • Those who have an online presence have fared well so far, but smaller companies and those without online sales may have greater challenges ahead.
  • ” With so much of the country in quarantine right now, many are turning to self-care indulgences to keep themselves sane and even just pass the time, which is likely to help boost some CBD self-care products during quarantine time,” says Brightfield Group Managing Director Bethany Gomez.
  • As cities and even entire states continue implementing mandatory stay-at-home orders, online CBD product sales have skyrocketed.
  • Brightfield’s research shows one-third of existing CBD consumers plan to switch to purchasing online.
  • Though Botanic Alternatives is still open with limited hours, other retail locations are being hit from all sides.

Read full article: cannabisbusinesstimes.com