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Impact of Coronavirus on California’s Cannabis Market

Sars-Cov-2, informally Coronavirus or Covid-19, is wreaking havoc across the globe. Nobody is immune to its economic impact, from now-closed small businesses to large companies struggling to supply consumers and keep employees safe. The cannabis industry is no exception, but there are some notable positives in an otherwise dismal economy, as well as some long-term implications for all involved. The effect of the lockdown is immense across all sectors. In response to the virus, authorities implemented measures to prevent its spread, which include social distancing, mask and glove wearing, and staying at home. Of course, such measures mean only some folks are working, those providing essential services. Industry has come to a grinding halt. However, cannabis stores remain open, as well as weed delivery services. According to the Los Angeles Times, California Governor Gavin Newsom emphasized the health benefits of marijuana make it an essential service and that they outweigh …

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