Meanwhile back at the ranch, the leading data provider in the industry New Frontier Data, is hosting it’s first ever virtual cannabis town hall this april to discuss the impact of the coronavirus pandemic on the cannabis industry.
The Global Cannabis Town Hall: New Economic Realities. will be held virtually on April 2, 2020. Representing different parts of the world, partners of the upcoming town hall will be ExpoCannaBiz (Latin America), CannaTech (Middle East and Asia Pacific), New West Summit (North America), RASB Media (Europe) and CannabisBPO. Moderating the one-day global event will be CNBC’s Tim Seymour and former Fox News reporter Carl Camero
New Frontier Data highlighted several topics that will be discussed among cannabis industry leaders during the event, including Global Cannabis Industry Socioeconomic Status in 2020, Impact of Coronavirus on Cannabis Markets by Region, and Risks & Opportunities by Region.
New West Summit will update colleagues about the situation in North America, while RASB Media will share the circumstances in Europe.
The COVID-19 public health crisis ignited fears of an impending recession in recent days with some economists already officially declaring the American economy fell into one
Amid the panic, central banks moved to ease monetary policy while governments pledged multi-billion dollar aid packages to help support their economies in the coming days. In the U.S., two aid packages have already passed Congress, while a third, worth $850 billion, is expected to secure approval soon.