Coronavirus and cannabis: Vape supply is a concern due to China shutdown

Amid a widespread market selloff due to investor concerns about the COVID-19 outbreak, cannabis companies also have to contend with disruptions involving vaporizer hardware, the vast majority of which is produced in China.

In a normal year, weed companies buying vape hardware from China expect a winter disruption of roughly a month surrounding Lunar New Year, but coronavirus is expected to extend that pause another three to six weeks, according to KushCo Holdings Inc. KSHB, -2.00% Chief Executive Nick Kovacevich. Many companies stocked up ahead of the new year’s celebrations, Kovacevich said.


Vape retailer says coronavirus outbreak will hit cannabis industry

As the coronavirus outbreak wreaks havoc on global stock markets, one company says the unfolding crisis is bound to hit the cannabis industry.

California online vape retailer ProVape said Wednesday the coronavirus is creating issues for industry around the world as Chinese vape manufacturers are being shut down due to their government’s quarantine of millions of people.

The factory shutdowns mean shipments from China of vape hardware such as coils and batteries have dwindled to a “frightening number,” ProVape said.


Can Pot Stocks Benefit From The Coronavirus Virus?

Pot stocks are highly subject to market fluctuations caused by world events. Because of this, anytime a big news story breaks, it could have either a positive or negative effect on which marijuana stocks to buy. Currently, the outbreak of the Coronavirus in several new countries has resulted in world markets tumbling by significant amounts. While this may be only for the short term, it looks like there are some ways in which pot stock investors can benefit from this news.


The surprising way coronavirus affects the marijuana industry

Since its arrival in December, the coronavirus has infected more than 42,000 people and claimed more than 1,000 lives. Many travel plans and routes have been disrupted as well, with some cruise ships facing strict quarantines to diminish the coronavirus from spreading. To further prevent the disease outbreak, at least 24 Chinese provinces have shut down businesses and factories.

This move, while critical to world health, has had a substantial impact on global trade. That includes the cannabis industry, where marijuana vaporizer companies often rely on Chinese manufacturers to produce hardware. You might be surprised to learn that almost every component of vaporizers come from Chinese factories, with cannabis oil serving as the only American-made good in many vaping products.


Hemp Industry’s First Year Blues – And The China Question

News the ‘Don’ in the White House has secured a deal for China to buy U.S. hemp has been given an industry thumbs-up.


5 Emerging Cannabis Markets Investors Need To Be Watching In 2020

Read entire article here.

We have noticed a significant increase in the number of companies that are focused on the international cannabis opportunity during the last two years and this is a trend that we are bullish on.


Can Hong Kong become Asia’s hub for medical cannabis and hemp?

Medical cannabis, its milder cousin CBD, and a plethora of environmental and impact hemp technologies are already sweeping across Asia. While countries like Thailand have taken the lead, the heavy-hitters are not far behind, with change anticipated in China and India. The question for Hong Kong is whether it will step up to the challenges and opportunities this will bring or if it will remain on the sidelines.

The opportunity is huge. Seasoned cannabis industry insiders believe Asia could be the world’s production and consumption hub with the potential to amass tens, if not hundreds of billions of dollars in revenue.


What we can learn about cannabis from Chinese medicine

What roles do herbal and classic natural medicines have in common with modern medical research when it comes to using cannabis for medicinal purposes? During the 2019 Cannabis Collaborative Conference in Portland, Ore., Dr. Heather George, Doctor of Science in Oriental Medicine (DSOM), c-IAYT, & sought to address this question.


Future low-cost cannabis cultivation leader will be China

China will emerge as the cannabis cultivating super power producing flower for as little a 10 cents a gram, a leading producer believes.

Speaking at the Cannabis Investor Forum in the City of London Oliver Zugel, Executive Chairman and co-founder of Colombian producer Foliumed, elaborated on how he sees the cultivation industry developing in China.

“Hemp outdoor cultivation in the U.K. is a short-lived business with just one crop a year, in Colombia we can get up to five harvests a year but the Chinese will be beating us on price within a few years.


Amid regulatory uncertainty and global demand, China’s hemp industry is booming

China has a zero tolerance approach to marijuana (along with numerous other drugs), yet surprisingly it is the world’s largest producer of hemp, and also the world’s largest exporter of this increasingly lucrative plant. While chances of medical marijuana being legalized in China are seemingly next to none, calls for a clear policy when it comes to industrial hemp and CBD products are increasing — as is the plant’s production in the country.


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