Despite the life-changing events of 2020, the U.S. cannabis industry has remained relatively stable. When the coronavirus pandemic broke out, several industries essentially shut down while others limped on with ever-dwindling revenues, resulting in the worst financial crisis the United States has seen since the Great Depression. One of the few industries deemed “essential,” the relatively young marijuana industry continued operating in spite of the lockdown orders and consistently broke sales records month over month. Cannabis sales in Massachusetts have officially surpassed $1 billion since the recreational cannabis market was launched two years ago on Nov. 20, 2018, says the state Cannabis Control Commission.
CannabisNewsWire, 12/02/2020 04:20:55