Jan. 12 at 4:13 PM
$TLRY $SNDL $CWBHF $CGC $CRON this is a big deal.
"Not only is cannabis use surging among seniors, but the NYU research finds that cannabis users tend to be married, college-educated and have high incomes (4). “The researchers also found significant increases in cannabis use by older adults with chronic diseases — and notably, those with multiple chronic conditions — including heart issues, diabetes, hypertension, cancer and chronic pulmonary obstructive disease,” according to NYU (5).
That means there’s a potentially stable consumer base, particularly for medical and wellness cannabis products. If reclassification helps to lower risk, expand markets and improve liquidity, investors may see a new entry point."