MJBizMag September 2020 - 27

© 2020 Marijuana Business Daily, a division of Anne Holland Ventures. All rights reserved.
Data is current as of Aug. 15, 2020.
In 2019, Canada exported more than 5,000 liters
(1,321 gallons) of cannabis oil products and roughly
3,740 kilograms (8,245 pounds) of dried cannabis for
medical (commercial) and scientific use. But Canada
imported virtually no cannabis for medical or scientific use
during the same time period.
Audley Shaw, Jamaica's minister of Industry, Commerce,
Agriculture and Fisheries, said Jamaica will make a formal
appeal to the Canadian government.
" Several Canadian investors have already closed down
their operations in Jamaica " because of Canada's stance
on imports, Shaw said.
Cannabis Sales Remain Steady
Even as Unemployment Bonus Ends
Sales of recreational marijuana products proved resilient in
the weeks after the U.S. government's temporary lifeline to
millions of unemployed workers expired. The $600-a-week
unemployment benefit that was part of the federal pandemic
stimulus package ended July 31, and Congress failed to pass
an extension before leaving for its August vacation.
The weekly boost brought the disposable income of
many recipients to near " normal " in pre-pandemic terms.
But in the first two weeks after the benefits ended, sales
of recreational marijuana in key markets remained stable,
even posting a visible increase during the first week,
according to data provided by Seattle-based Headset.
" Consumer spending doesn't often drastically shift
overnight but, rather, gradually changes over a few
months, " said Liz Connors, director of analytics for Headset.
Markets might also see a shift toward medical marijuana
purchases, which are not subject to the same taxes as
recreational MJ, according to analysis from New York-based
cannabis consultants Greenwave Advisors.
September 2020 | mjbizdaily.com 27

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MJBizMag September 2020

Table of Contents for the Digital Edition of MJBizMag September 2020

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