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Can Legalized Weed Sales Help Ailing Record Stores Turn Over a New Leaf? – Cannabis News
With music retailers getting into the dispensary business or aligning their physical location with pot shops, the long-standing symbiotic relationship between music and weed may finally be (legally) monetized.
It seems miraculous that any music retailer has survived the demolition-like forces that piracy, downloading and streaming have unleashed during the past 15 years.
CD sales have plummeted from $9.4 billion in 2006 to just $1.5 billion in 2015, according to the RIAA — an 84 percent drop — and the much-ballyhooed vinyl resurgence has done little to staunch the bleeding, making up only 6 percent of physical sales in 2015.
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Andy Gensler ~ Billboard.com ~
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