There was an immediateas consumers stockpiled pot in anticipation of a possible future shortage amid concern pot shops might also be forced to close.
Illicit sales totaled $8.8 billion in 2019, according to Tom Adams, principal analyst of the financial research and consulting division of BDSA. Some 60% of workers ages 16 to 24 have a high risk of unemployment compared with 42% of workers ages 45 to 54, according to a report last month by the Los Angeles nonprofit research group Economic Roundtable., the governor’s budget proposal predicts that the cannabis industry will continue to struggle.
“The license fee deferrals are intended to provide immediate financial assistance to state cannabis licensees impacted by COVID-19,” said a statement by the state Bureau of Cannabis Control. Other rules that can be temporarily waived for businesses that apply include a requirement for a signature from customers when receiving deliveries, allowing retailers to accept expired drivers licenses after the DMV temporarily shuttered field offices due to the pandemic, and permitting the sale of non-cannabis products that are virus related, including hand sanitizer, that previously could not be sold in pot shops.
WoW
How cares?