Pot Industry Heads to Davos as Stocks Rebound: Cannabis Weekly

  • Cannabis House will run alongside the World Economic Forum
  • Industry ETF posts its biggest weekly gain since August 2018
Photographer: Ben Nelms/Bloomberg
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Tough times in the cannabis industry aren’t stopping its leaders from going to Davos.

For the second year in a row, there will be a Cannabis House in Davos, Switzerland this week alongside the schmoozing and speeches of the World Economic Forum. The 2020 offering promises to be “a little more formal and more professional” than last year’s, according to Jason Paltrowitz, executive vice president of corporate services at OTC Markets Group, one of the sponsors of the Cannabis House.