Cannabis Industry Aims To Build On Thanksgiving Rush

Cannabis sales in the US hit record levels over the Thanksgiving weekend, prompting industry predictions the combination of Covid-19 anxiety and a trend towards legalisation has triggered a permanent uplift in demand.

After years of sluggish official sales, buying soared in early March and April when lockdowns began and consumers, fearing supply disruptions, stockpiled the drug.

Though many expected the initial surge to fade, monthly sales have kept hitting records.

One of the top cannabis data aggregator and research companies, Akerna, said sales on Green Wednesday, as the eve of Thanksgiving is known, climbed by 80 per cent above the daily average this year, hitting an all-time one-day record.

– Read the entire article at The Standard.