Even Marijuana Companies May Suffer From the Coronavirus, Analyst Says. Watch the Vape Supply Chain.

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Licensed producers in Canada and the U.S. obtain nearly all of their vape hardware from China, according to Eight Capital analyst Graeme Kreindler. Photograph by Matthew Brodeur

You might think the cannabis business would go untouched by the coronavirus as people stay home and look for ways to allay anxiety. But there could be problems.

Licensed producers in Canada and the U.S. obtain nearly all of their vape hardware from China, Eight Capital analyst Graeme Kreindler warned in a Monday morning note. This year was expected to see strong growth in cannabis vape sales: The products are newly legal in Canada and are just starting to regain trust in the U.S. after a rash of lung injuries among black-market vape users.