Recreational Marijuana News


Chart: Coronavirus takes its toll on March adult-use marijuana sales

Recreational marijuana sales in four key markets decelerated in March as the COVID-19 crisis continues to disrupt both the cannabis industry and the broader U.S. economy. According to point-of-sale data provided by Seattle-based Headset, recreational cannabis sales in Colorado and Nevada declined from March 2019 to March 2020, the first time that monthly adult-use sales […]

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Cannabis vaping firms nearly recovered from vape health scare, but COVID-19 concerns loom

Marijuana vaporizer companies are on the rebound since last summer’s vaping health crisis, reporting that sales numbers are largely back to normal despite concerns around the COVID-19 pandemic and its impact on consumer behavior as well as the supply chain. Seattle-based data analytics firm Headset found that all four of the U.S. markets it tracks […]

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Cannabis labs watchful of supply disruptions during coronavirus crisis as testing demand remains strong

Marijuana testing labs report steady business as the COVID-19 outbreak rolls on, though concerns loom over the availability of protective equipment such as gloves and masks and other cleaning supplies. It’s a topic the cannabis industry will keep a careful eye on because, if the coronavirus pandemic eventually causes hiccups in testing, that could slow […]

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Adult-use cannabis retailers take stock of inventory, encourage online orders as sales surge during coronavirus pandemic

Recreational marijuana retailers throughout several markets in the U.S. saw a dramatic spike in sales in recent days, according to new data, an unambiguous sign that the coronavirus pandemic is prompting consumers to stock up on products. The run on cannabis stores may come from the fear that marijuana shops will be closed indefinitely, similar […]

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Colorado cannabis retailer voluntarily closes over coronavirus concerns after spike in customer traffic; similar closures could follow

Fort Collins, Colorado, cannabis retailer Organic Alternatives closed voluntarily on Monday over concerns about the spread of the coronavirus – and many more marijuana shops likely could do the same soon despite the loss in sales they’ll experience. Concerns around marijuana retailers closing also could lead to a run on cannabis stores, where consumers buy out products over fears that business will remain shuttered.

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Cannabis shops take preventive measures in response to coronavirus, report fewer customers yet larger purchases

Marijuana retailers are seeing customers stocking up on products as the coronavirus spreads across the United States. Stores also are implementing extra precautions to keep both customers and employees safe. Here are some of the approaches cannabis businesses are taking in response to the health crisis: Increasing social distancing and sanitation. Prioritizing medical marijuana patients. […]

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Vermont House gives initial OK to recreational cannabis sales, putting state on track to $160M market

The Vermont House of Representatives on Wednesday gave initial approval to legislation that would legalize adult-use marijuana sales, paving the way for a potential $130 million-$160 million market within five years of launching, according to Marijuana Business Daily estimates. The state House endorsed the measure by a vote of 90-54. The state Senate earlier passed […]

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