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Cannabis Companies See Boosted Sales in L.A. to “Ease Minds” About Coronavirus

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As the coronavirus spreads in California, cannabis businesses including Lowell Farms, Caliva, Sweet Flower, NUG and Calexo say the demand is high: “People are stocking up.”

Tensions are running high in Los Angeles over coronavirus-related health concerns, the cancelation of numerous public events and the new normal of working from home. Local cannabis companies and delivery services say they’re seeing an uptick in business in these trying times. Angelenos are turning to CBD and THC products to combat anxieties and stocking up like they are with bottled water and toilet paper.

“People are in scarcity mode. The streets are emptier, but specific businesses like grocery stores and dispensaries are seeing more people than usual — and people are stocking up and purchasing in bulk,” says Steve Lilak, the head of sales for California cannabis company NUG. “I’ve seen regular customers buying three or four of what they normally buy just one of in L.A. dispensaries.” He adds that one Hollywood shop he spoke with saw 1,000 customers on Wednesday when they usually see that amount on a Saturday.

A rep for Lowell Farms — the Miley Cyrus-loved label that’s behind L.A.’s Cannabis Cafe —  tells The Hollywood Reporter pre-roll sales have seen “a slight uptick, potentially due to calming effect of cannabis and benefits of assisting anxiety.”

As for Caliva (which has Jay-Z as its Chief Brand Strategist), its delivery business is seeing double-digit growth in March so far. “We have seen an increase in our delivery services across all of our locations, with record breaking sales over the past two weeks,” says a rep. Sales have increased for the most popular products, including the Dogwalkers, Reef Leaf and Deli by Caliva Ounces and Quarters.

Calexo, a newly-launched line of sparkling cannabis beverages with each $20 bottle offering 10 mg of “nano-emulsified” THC, is expecting a rise in sales this week, too.

Its CEO Brandon Andrew tells THR he does “anticipate sales to be swift, especially as people look for ways to cope with fear of the pandemic.” He notes, “people can adhere to social distancing by ordering through delivery from a dispensary like Sweet Flower on Melrose.”

To Read The Rest Of This Article By Lindsay Weinberg on The Hollywood Reporter

Published: March 12, 2020

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