Legal cannabis sales surged to new highs in some states even as COVID-19 caused record unemployment levels and billions in lost income. Experts at Anderson Economic Group, who have tracked legal cannabis demand through the AndCan® Index since 2015, suspect this short-term spike is unlikely to last, however, as consumer behavior adjusts to the new normal of COVID-19-related restrictions and the virus’s economic damage grows.
The attached release (below) offers insight into the trends we’ve witnessed, and what might be yet to come as we progress through the remainder of this unusual year.
