Coronavirus hasn’t kept some cannabis companies down: They’re staffing up even as unemployment in many other sectors soars.
WeedWorthy News Network
Roll aside, toilet paper. Oklahomans rushed to purchase another product in record volume last month, as medical marijuana dispensaries logged enough sales to spike tax collections by more than 25%.
Economic activity in Canada's legal pot industry tripled since legalization: StatsCan.
Unlike many industries, the cannabis sector is still hiring during the pandemic. Yet the number of open positions has dwindled as layoffs become more common and many of the jobs that do exist are temporary.
As Illinois’ economy has come to a screeching halt in the wake of the COVID-19 crisis, recreational weed has remained a hot commodity with sales topping $37 million last month.
Non-alcoholic CBD-infused beverages are the fastest-growing segment of the "drinkables" market, largely driven by the growing demand for wellness products as a replacement for soft drinks and alcohol.
New Mexico Governor Says Legal Marijuana Revenue Could Have Offset Coronavirus’s Economic Hit - Cannabis News
The governor of New Mexico is voicing regret that the state did not legalize marijuana this year because, she says, its eventual revenues could have helped to offset economic damage imposed by the coronavirus outbreak.
The owner of High Times is going to start selling marijuana after championing its use in the pages of its magazine for nearly half a century.
Medical marijuana dispensaries began popping up across Arkanasas almost a year ago. In that time, over 10,000 pounds of medical marijuana has been sold in Arkansas, according to the Department of Finance and Administration.
A new report from ICR Strategic Communications and Spectacle supports what the alcohol companies feared - people who can consume cannabis legally drink less.
US cannabis CEOs say coronavirus crisis will speed up legalization: ‘We have been deemed essential’ - Cannabis News
U.S. cannabis CEOs say the chances for federal marijuana legalization will dramatically increase in the wake of the coronavirus pandemic, after several states declared dispensaries essential businesses, allowing them to remain open during stay-at-home orders aimed at halting the spread of the virus.
Maine's marijuana czar says launching the adult-use industry by June is 'simply unrealistic.'
Analytics company predicts Massachusetts marijuana market will reach $1.35 billion in 2024 - Cannabis News
So far in 2020, there has reportedly been $157 million in reported marijuana sales in the state.
Cannabis use hit an all-time high in March as lockdown measures spread across the U.S., giving people more free time with less to do.
Nevada marijuana deliveries are skyrocketing. Is this the new normal for the pot industry? - Cannabis News
Much like the grocery stores trying to fill orders for rice and potatoes, cannabis retailers cannot fill marijuana delivery orders fast enough.
COVID-19 is having a multi-million dollar impact on the state budget. One lawmaker said the solution might be to legalize recreational marijuana.
According to the Illinois Department of Financial and Professional Regulation, adult-use cannabis sales hit $35,902,543.22 in March.
Massachusetts Marijuana Businesses, Struggling To Stay Open, Urge Governor To Declare Them "Essential" - Cannabis News
Marijuana businesses and advocates are urging Governor Charlie Baker and state legislators to declare recreational marijuana shops "essential," allowing them to remain open during the coronavirus pandemic.
As the economic damage from the coronavirus pandemic piles up, U.S. cities and states are set to face significant lost revenue given the loss of business activity.
‘We’ve been having 4/20 every day’: Oregon pot shops see spike in business with new curbside delivery - Cannabis News
Take-out for weed? In the wake of coronavirus outbreak, OLCC is temporarily allowing marijuana retailers to do curbside delivery.