Medical marijuana sales soar amid COVID-19, making Pa. one of the nation’s fastest growing cannabis markets
Marijuana Industry NewsMedical MarijuanaPennsylvania August 18, 2020 MJ Shareholders 0
The number of patient visits at cannabis dispensaries has risen by more than 70 percent — rising from 70,000 a week in February to 120,000 each week in August.
Retail sales also have exploded. Since February, dispensaries have sold as much marijuana as they had during the previous two years combined, according to statistics released last week by the state Department of Health, which governs the cannabis program.
Patients bought about $385 million in legal marijuana products from the state’s 89 cannabis dispensaries during the period, according to the state Office of Medical Marijuana. Until February, total retail sales since the inception of the highly regulated industry two years ago in the Keystone State had totaled only about $400 million. There are at least 27 dispensaries now operating in the five-county region.
“The program is doing really well,” said Chris Woods, CEO of Terrapin Care Station, a cannabis grower and processor upstate in Clinton County. “It’s hard not to draw a correlation with COVID-19. In unsettled times, cannabis is a medicine that seems to help people cope with anxiety.” [Read more at The Philadelphia Inquirer]
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