AP Photo/Peter Dejong
- People are stockpiling pot as the coronavirus pandemic forces everyone indoors.
- Ross Lipson, the CEO of Oregon-based online dispensary software startup Dutchie, told Business Insider that his platform has seen sales records every day.
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People are stockpiling marijuana as the coronavirus pandemic forces everyone to hunker down in their homes, perhaps for a long time.
All around the world, there are pictures surfacing on social media of long lines outside of dispensaries. From Toronto to San Francisco to Amsterdam, cannabis products are flying off the shelves.
The old saying that vice industries — gambling, tobacco, alcohol, firearms — are recession-proof seems to apply to legal cannabis’s first big test.
‘Sales are through the roof’
Ross Lipson, the CEO of the Oregon-based online dispensary software startup Dutchie, told Business Insider he’s had record sales over the past week, and that trend is showing no signs of stopping.