Cannabis in high demand amid coronavirus pandemic
Moves by state governments to keep pot stores open show how deeply the cannabis industry is already rooted in the US economy
Tuesday, May 5, 2020
According to cannabis industry analytics firm Headset, pot sales in the United States spiked in mid-March, with sales growth peaking at 64% in the week ended March 16 — the highest growth rate since at least the beginning of 2019. But after people had apparently replenished their stockpiles for fear dispensaries might be closed amid virus shutdowns, sales decelerated during the last two weeks of the month to the "mid- to high-single-digit range," the Headset analysts said. In the course of April, most US federal states surprisingly declared cannabis an "essential good" like groceries, allowing pot dispensaries to offer curbside delivery. In Germany efforts to ensure a high-quality domestic supply, means the country is now aiming for the first local cannabis harvest by the end of this year.
