Gun, marijuana stocks rise on prospects of a Democratic sweep in 2020 election

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Guns and drugs are two items that have been flying off shelves since the start of the coronavirus pandemic, and their publicly traded companies have benefited handsomely.

Marijuana stocks have not seen as strong a lift. But shares of the 10 largest Canadian and U.S. companies have increased 20% since August, according to Veridian Capital Advisors, a mergers & acquisition firm focused on the budding marijuana industry.

Others are entering the market for the first time based on fears that civil society is breaking down and a growing sense of lawlessness fanned by scenes of violence in American cities broadcasted into living rooms. At Sturm, Ruger firearms, sales increased 36% to $129.4 million during the three months ended June 30 compared with the same period in 2019, while at Vista Outdoor, sporting gun sales were up 8% to $334 million.

"There became this heightened sense of concern for American citizens and a fear of the unknown," he continued."A lot of people wanted to arm themselves. Sales have been extremely high – as much as 10 times higher than normal." The same goes for ammo, according to Jake Felde, chief executive of Lucky Gunner, one of the biggest ammunition wholesalers in the nation.

 

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WHO CARES ITS A CIVIL RIGHT...

Trump has already given these assholes his 'call' by suggesting a scenario that should his opponent win he will probably be shot. He gave a similar call to the Proud Boys-' stand back and stand ready',not long after that a Governor was almost kidnapped.

TonyBobulinski

Cowards. NRA

Proud Beer Belly Boys?

I really don't know why it is so, people lives is at great risk

I have to get out of this Country

this is terrible news

wah wah wah....every time the same ol stuff from nutcases

DON’S BODY COUNT AS OF TODAY 232,101 of children, Moms & Dads as he continues his plan of “IT IS WHAT IT IS” DON’S PLAN of Herd Immunity will take 80% of the citizens to become infected resulting in US 3,310,026 DEATHS! Instead of fighting his CDC & FDA, HE SHOULD JUST BE HONEST!

Wow it's confirmed the Trump followers are fucking nuts!!!!!

Shooting the virus is totally working out so far.

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Michigan police say may be unable to enforce gun ban at polling places - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Then they need to bring in the feds good Michigan has a serious gun problem. Seeing photos of people carrying their guns INSIDE their statehouse is beyond frightening. And what’s with all the *militias* I thought Illinois was the craziest state bordering Indiana, but MI has them beat. 😳
Source: BusinessInsider - 🏆 729. / 51 Read more »