Coronavirus Preppers Are Big Money for Cannabis Industry

Coronavirus Preppers Are Big Money for Cannabis Industry

The legal cannabis market experienced its biggest run on product ever yesterday as consumers across America stood in lines wrapping around the block in hopes of scoring pot before being locked down by coronavirus.  With the situation seemingly changing by the day across America as state and local officials scramble to take drastic steps in hopes of stopping the spread of COVID-19, cannabis consumers were not willing to risk being stuck at home without their nugs. It is very likely Monday was the biggest day of cannabis sales in history, beating every 420 the legal market has seen. We were able to get data from both Weedmaps and Headset to confirm the monster sales day. According to Weedmaps’s communications director Travis Rexroad, the company had tracked a slight bump in sales from March 13 to 15, but on monday things got crazy. While sales were up a respectable 11% on Sunday compared to the average day, on Monday that number would jump to 50%.    According to the data miners at Headset, Monday did not see sales quite crest 420 spikes though it was close. In California adult-use cannabis sales on Monday were 56% higher than the four previous Mondays while 420 was 122% larger than an average Saturday.   “However, Edibles saw gains of 107% over normal volumes yesterday (so sales were twice as high) and on 420 of last year edibles were boosted 120%, so [it was] pretty darn close,” Headset told Cannabis Now via their reps at Mattio Communications. “Since edibles give you a…

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Source : cannabis now
Link to original : Coronavirus Preppers Are Big Money for Cannabis Industry
reposted by Cannabis News World

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