What’s your take on COVID-19’s impact on marijuana investments?

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How will the coronavirus pandemic affect interest and investments in new cannabis licensing opportunities?

There will be little effect. New license opportunities will continue to attract a lot of interest.

It will have adverse effects. Investors will have difficulty moving forward in this environment.

The impact is unclear. It will depend on the market.

Results Vote

How will the coronavirus pandemic affect interest and investments in new cannabis licensing opportunities?

There will be little effect. New license opportunities will continue to attract a lot of interest. 37 ( 35.24 % )

It will have adverse effects. Investors will have difficulty moving forward in this environment. 28 ( 26.67 % )

The impact is unclear. It will depend on the market. 40 ( 38.1 % )

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A heavily regulated marijuana industry such as Illinois’ and the current status of cannabis in the state might be just what’s needed to deal with the coronavirus crisis and a probable economic recession, according to industry officials.

Yet, newly licensed entrants to that state’s cannabis industry will not only be challenged by a lingering coronavirus pandemic but also the subsequent economic downturn.

We’d like to know your thoughts on how the COVID-19 outbreak is going to affect future marijuana licensing and investments, not only in Illinois, but nationwide.

For more of Marijuana Business Daily’s ongoing coverage of the coronavirus pandemic and its effects on the cannabis industry, click here.