Cannabis Industry Aims To Build On Thanksgiving Rush


  • Last modified: February 15, 2021

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.


More from our Blog

Mar 11
Securing Cannabis Facilities: Compliance, Complexity, and Understanding Your Options

By Mark J. Berger Creating and maintaining a security plan for companies in the…

Mar 11
Mexico Set to Legalize Marijuana, Becoming World’s Largest Market

Lawmakers in Mexico have approved a bill to legalize recreational cannabis, but in a…

Mar 11
Is Delta-8 THC a Controlled Substance? Yes. No. Maybe.

By Nathalie Bougenies, Attorney at Harris Bricken As anticipated, Delta-8…

Mar 11
Push to End Marijuana Prohibition ThisYear Instead of 2024 Hinges on Northam in Virginia

An increasingly vocal group of Virginia lawmakers and advocates is urging Gov. Ralph…

Mar 11
What Is and Isn’t Allowed under New Jersey’s Marijuana Laws

After decades of prohibition, legal marijuana has come to yet another state —…

Mar 11
On Medical Marijuana in South Dakota, House Refuses to Agree with Senate, Delay Now Dead

The Legislature’s discussion about medical marijuana effectively ended Wednesday…