California marijuana retailers see sales boom, but coronavirus forces them to address some store closures, new regulations

Well before the coronavirus pandemic hit the U.S., cannabis experts predicted significant contraction for the legal California marijuana industry this year.

Cannabis sales are currently brisk at many California marijuana shops as consumers stock up over the fear MJ retailers could shutter indefinitely – but even so, the business fallout surrounding coronavirus has pushed some California MJ firms closer to the brink as they deal with:

  • Uncertainties related to potential shop closures that government officials might mandate by law.
  • Unclear or changing rules from California municipalities.
  • Long-term business anxieties that might follow even after coronavirus issues subside.

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California marijuana retailers see sales boom, but coronavirus forces them to address some store closures, new regulations

 

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