Nevada’s recreational marijuana sales have largely recovered, despite a slump in the spring from some of the strictest coronavirus shutdown measures in the nation. Cannabis industry officials link the rebound in Nevada to robust demand from local residents and improved business practices, including online ordering and discounts. The sales recovery stands in marked contrast to March and April when the COVID-19 pandemic halted travel to a tourist market. By May, however, Nevada’s adult-use retail sales resumed growing, thanks to looser in-store restrictions. By June, sales returned to a year-over-year increase then by August, sales hit $62.8 million, more than double the level recorded in April.
Marijuana Business Daily, 10/29/2020 06:30:58