Medicinal Cannabis separates itself from many other investments in that it is largely recession proof. While many companies have suffered through a slow recovery General Cannabis has experienced continued growth.
General Cannabis announced their Q2 results and strategies for long-term growth today. The company has been pursuing market dominance in the medicinal cannabis industry.
General Cannabis recognized the density of dispensaries and doctors within the market, and sought to revolutionize the manner in which they communicated with their customer base and their customer based communicated with each other.
There has been a shift in the way that medicinal marijuana is being perceived. Rising recognition for the healing qualities of medicinal cannabis have helped inspire acceptance among new groups and made purchases more main stream. Unlike typical pharmaceuticals, which are often used to treat a single ailment, medicinal cannabis has been credited for easing the symptoms associated with health challenges from nausea to anorexia and migraines.