People staying in amid coronavirus outbreak likely to consume more weed

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Summary

Weed may soon become the preferred choice of socially isolated. The latter is a more social bunch and prefers to drink in larger groups, Investor’s Business Daily reports. Among alcohol consumers, 57 per cent indicated they preferred to consume among larger groups of people, compared to 26 per cent of cannabis lovers. Of the surveyed, 42 per cent said they enjoyed consuming while unaccompanied, compared to 60 per cent of cannabis consumers who reported deriving great enjoyment from sparking up solo. In the wake of the coronavirus outbreak, health experts are encouraging people to practice “social distancing.” ( function() { pnLoadVideo( "videos", "K3-PPyBdGOE", "pn_video_455722", "", "", {"controls":1,"autoplay":0,"is_mobile":""} ); } )(); Subscribe to the Cannabis Post newsletter.

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Weed may soon become the preferred choice of socially isolated.

In a research note released this week by MKM Partners analyst Bill Kirk, “the vice of choice when alone is cannabis.”

“The vice of choice in large groups or with new people is alcohol. We believe any increased stay-at-home activity related to COVID-19 will accelerate the vice share shift away from alcohol toward cannabis,” Kirk explains.

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