By 420 Intel on Monday, 22 June 2020
Category: Business & Finance

April U.S. pot sales show resilience amid shutdown

U.S. cannabis sales stayed strong in April even as broader retail sales fell by double digits, indicating that the March increase in demand was more than just pantry loading.

Total U.S. retail sales fell 21.6 per cent in April from the year prior, yet pot sales in several states posted significant year-over-year gains -- in some cases, even bigger than in March when demand spiked ahead of Covid-related shutdowns, according to data firm BDS Analytics. Many legal states declared cannabis an essential service during the pandemic, allowing for delivery and curbside pickup.

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