Poll: Will end of federal $600 weekly jobless benefit impact cannabis sales?

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Will rec sales slump as the federal $600 weekly jobless benefit expires?

Yes, people have less cash to spend.

No, marijuana is recession-proof.

Depends on the market. The recession has hit minorities, women and lower-income folks the hardest. Upscale, predominantly white locales might still be OK.

Results Vote

Will rec sales slump as the federal $600 weekly jobless benefit expires?

Yes, people have less cash to spend. 87 ( 42.86 % )

No, marijuana is recession-proof. 54 ( 26.6 % )

Depends on the market. The recession has hit minorities, women and lower-income folks the hardest. Upscale, predominantly white locales might still be OK. 62 ( 30.54 % )

Back

The $600-a-week subsidy that has kept millions of unemployed Americans afloat since late April was to expire July 31.

Congress has been unable to strike a deal to renew or replace the CARES Act, so all sectors of the U.S. economy are fearful of what lies ahead.

And that includes the cannabis industry.

Read about how the loss of that additional money in the pockets of Americans might put at least a temporary damper on cannabis sales, which have been holding up relatively well during the COVID-19 crisis.