Cannabis Sales Surges Because of COVID-19

There’s a lot of ways to cope with anxiety and distress, and for some weed is the answer. This is why it doesn’t come as a surprise that cannabis sales in the United States and Canada have surged as these government officials urge citizens to stay at home and fight the risk of spreading and getting COVID-19.

Is The Market Adjusting to Social Distancing?

The federal and state governments have called for social distancing and staying at home to slow the spread of coronavirus, ultimately preventing overcrowding in the U.S. health care system. The market is adjusting and showing surges for companies like Slack (NYSE: WORK), Peloton (NASDAQ: PTON), and Roku (NASDAQ: ROKU) — all companies that make life at home in isolation a little easier.

Airlines Are Falling Ill

The coronavirus is having a detrimental effect on the airline industry. On Tuesday, Airline companies American Airlines Group (NASDAQ: AAL), Delta Air Lines (NYSE: DAL), and Southwest Airlines (NYSE: LUV) announced ways in which they will combat the downturn they are experiencing thanks to the virus.

COVID-19 Virus Has Stocks Declining

The spread of the coronavirus, now known as COVID-19, is impacting the world’s health and its economies. It’s already affecting the supply and demand of some of the biggest companies like Apple (NASDAQ: AAPL). If this virus continues to spread, businesses will begin to see even more negative effects.

Investing in Mental Health

The recent mental health movement has become very beneficial to people who seek to get the help they deserve. It has also led to a growing market that is extremely profitable. Technology and mental health now go hand in hand. And venture capitalists are seeing the moneymaking opportunity that’s emerged.