Fire & Flower Holdings Corp FFLWF

Cannabis stocks jump

[GoodLuck14]

Cannabis stocks jump as report suggests sales climbing amid COVID-19 pandemic

Cannabis stocks are trading in the high green on Thursday following the announcement of a report that suggests consumers are stocking up on cannabis amid the COVID-19 outbreak.
 
Bank of America equity analyst Christopher Carey said that sales of Canadian and U.S. cannabis products are increasing over the past week, a clear sign that the pot sector may actually be adopting defensive playbook in current market conditions.
 
Carey also states that Aphria Inc. (TSX.APHA), with an nearly 12 percent bounce on Thursday, may see its market share in Canada rise as its peers may struggle to move product. Carey boosted Aphria's rating to a 'buy' despite lowering his price target to $5 a share. 

[GoodLuck14]

ON and QC cannabis distributors see sales spike Where most companies are seeing a downward trend in business, the Cannabis companies are seeing a spike in sales.  The bump in sales will reflect on the next (not upcoming / pending) QTR report and will aid the business going forward and allowing time for new stores to open in ON.  With the need to stimulate the economy, ON may