These pot firms are prioritizing what’s important to remain afloat throughout a pandemic.
What’s important for companies when a disaster like the COVID-19 pandemic hits is to maintain working and attempt to make it out of the disaster with out operating out of cash. Almost all the sectors are tumbling, with many firms going through the prospect of chapter.
In most locations, the marijuana trade was deemed important amid widespread lockdowns — which is why income is pouring in for the sector. While some pot shares are shining — particularly the U.S. hashish firms — others are nonetheless recovering from their losses from 2019. Then, there are Cronos Group (NASDAQ:CRON) and Aphria (NASDAQ:APHA), that are centered on staying afloat with their sturdy stability sheets.
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