Sales increased in a number of states
The coronavirus pandemic’s impact on the U.S. economy and on the average person’s state of emotional and psychological health has been almost incalculable in its breadth and depth.
Many people reported using marijuana as a medicinal aid for anxiety and also as a simple form of stress relief. Numerous states characterized marijuana businesses as an essential service, thereby allowing shops to remain open while also providing pick-up and delivery services. One study published in 2021 in the International Journal of Drug Policy assessed changes in cannabis sales across Alaska, Colorado, Oregon, and Washington before and during the pandemic. The highest mean monthly cannabis sales in these states were reached during the pandemic period of 2020 as compared to 2019; all four states reached three-year peaks from the months May to July of that year. Subsequently, other states began to legalize recreational marijuana, such as New York in March 2021.
State tax and revenue records reveal that Americans purchased $7.6 billion more in cannabis products in 2020 than the year prior. As the pandemic took its initial toll on marijuana sales, consumers began stocking up in preparation for limited interactions with dispensaries as a result of lockdown orders. New consumers, accessibility of prescriptions, and newly legal states played a role in the cannabis boom during the pandemic. On April 1, 2022, the U.S. House passed the MORE Act, which would effectively legalize marijuana nationwide and expunge prior criminal penalties for the distribution or possession of marijuana.
While the bill has not been taken up by the Senate as of this writing, legalization has nonetheless spread across the nation at the state level, and with state taxes imposed on cannabis sales representing a fresh revenue stream for state governments, the industry will continue to thrive.








