That Was Quick: Adult-Use Cannabis Sales Slump As COVID Outbreak Spreads
With an increasing number of Americans seeking shelter at home, adult-use cannabis sales appear to have plummeted after a short period of intense stockpiling. Reports Ganjapreneur
Despite an initial rush to stockpile cannabis products before social distancing kicked off in earnest, adult-use cannabis sales have plummeted throughout the U.S. as a result of the COVID-19 pandemic, Marijuana Business Daily reports.
Dispensaries reported a significant boost in business following official stay-at-home orders in adult-use markets such as Washington and California. It’s possible that the sales drop is a natural result from that strong stockpiling trend.