Cannabis industry sales growth is experiencing record growth, many of the CanopyBoulder portfolio companies are thriving amidst Covid-19, so why is so much of the cannabis industry’s news so doom and gloom? We at CanopyBoulder are hearing more stories of success than failure, so we wanted to share another story of success amidst Covid-19.
While much of the news about the cannabis industry seems mixed-to-grim, we at CanopyBoulder are hearing more stories of success than failure. Many of our portfolio companies are thriving amidst the global pandemic. Below we are highlighting the story of Royal Supply, a packaging supply and solutions company serving the cannabis industry that is setting new sales and growth records. Royal Supply graduated from the recent Winter 2020 CanopyBoulder Accelerator cohort.
Investors interested in getting into the cannabis industry have the option to place money into the public markets or directly into private companies. And, while the appetite for each is personal, the reality is that investors who take a risk on directly investing into companies have a greater potential upside than what public markets can offer. But getting it right is the key.
Disclaimer: The information in the below article should not be taken as legal advice. Always consult an attorney on these matters before taking any action.
ZolTrain educates consumers and retailers on cannabis brands and products. Throughout the progression of COVID-19, ZolTrain has been partnering with key organizations to bring information to consumers when they can’t shop in person. Read their full blog post below.
No industry is immune to the Coronavirus pandemic. In the cannabinoid industry, consumers are buying and most businesses are responding to this demand with health and safety in mind. Declared “essential businesses” by many state and local governments, customer demand generation, customer retention, order ahead, delivery tech and order tracking are a few of the ancillary businesses seeing sales inquiries spike.