Cannabis Companies Are Seeing a Quarantine-Fueled Edibles Boom
Sundries to stock in one’s cupboard during the coronavirus pandemic: canned tuna, honey, rice, and weed gummies.
Cannabis sales skyrocketed in the days leading up to stay-at-home orders to stem the spread of the coronavirus in the US. Now, cannabis analysts have found that an unusually high proportion of those sales can be attributed to edibles. Recently, concentrates such as dabs and vaporizers been the fastest-rising stars, fueling much of the cannabis industry’s growth, but those products—which slowed slightly following 2019’s rash of vape-related illness—might be less attractive amidst a respiratory pandemic.
A new report from the market research firm Headset shows that during the week beginning March 9, when the World Health Organization deemed the coronavirus a pandemic and Amazon sellers stockpiled hand sanitizer, the edibles category saw a 10.6% increase in its portion of the cannabis sales mix from the prior week in Colorado, Washington, California, and Nevada, the four states Headset covers.
– Read the entire article at Quartz.