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The travel industry is in a depression due to COVID-19, according to the U.S. Travel Association. Industry losses include declines in travel, expected to total $80 billion in tax revenue lost during 2020. The downturn led to 51% of the industry losing their job. With the market in such a downturn, one could wonder what the impact cannabis might have. We are beginning to see results come in from specific legal state markets. Additional states legalizing could further prove if the often discussed hypothesis is true. However, for now, the topic remains up for debate until further evidence provides clarity. That said, many markets could use relief, cannabis or not, right now.
The global cannabis industry is big business and growing fast, expected to reach $100 billion in 2026, a tenfold increase in less than a decade. North America is the dominant market, where almost a dozen more states are considering legalizing cannabis this year. Proof that the industry has emerged from the shadows came amid the coronavirus lockdowns, when across the United States dispensaries remained open because they were considered “essential” businesses.
Revolutionary smart pod customization platform with programming device now accepting brand partners
NEWPORT BEACH, Calif. – April 20, 2020 – Kanv...
Kanvas is a cannabis technology company
Original post: "Kanvas Vape Hardware and Software" on dabconnection.com
Some of us already think of THC va...
First-of-its-kind intelligent pod system with programming device on display at 2019 MJBizCon Las Vegas
NEWPORT BEACH, Calif. – Dec. 10, 2019 – Ka...
The patent-pending Kanvas Child-Resistant Disposable Vaporizer features a proprietary push-and-turn locking technology that meets the Code of Fed...
Kanvas Announces Strategic Partnership with The Werc Shop to Provide Best-In-Class Vaping Experience
Relationship provides licensed cannabis and CBD manufacturers a solution for customized terpene flavor products and temperature-controlled dosing technology featuring stainless steel hardware
A new report from experts in the cannabis industry has made it official: At a projected $3.1 billion in sales in 2019, California is the biggest...
In the past, the use of cannabis at public events was limited only to those who wished to break the law. Late last year, the state of California...
As promised, Democrats who now control the U.S. House of Representatives have held the first Congressional hearing ever on marijuana law reform...
Founder and former CEO of prominent mobile accessories company takes on cannabis industry with technology platform catering to growers, extractors and manufacturers, offering disruptive storage, software and smart hardware solutions