Why did the cannabis industry blossom during the pandemic?

Global legal cannabis sales in 2020 were up by 45% on 2019, with several leading companies reporting triple-digit revenue growth.

The Covid years have been very good for the cannabis industry. According to cannabis market research firm BDSA, global legal cannabis sales in 2020 were 45% higher than in 2019, with several leading cannabis companies reporting triple-digit growth in revenues in 2020 over the previous year. These included Trulieve Cannabis, Curaleaf, Verano, Cresco Labs, Green Thumb Industries and TerrAscend.