Marijuana industry faces uncertainty as COVID-19 crisis continues

  • The pandemic means the world economy could face its worst year since the Great Depression in the 1930s.
  • Steve White, CEO of Arizona-based Harvest Health & Recreation, said he’s watching to see if consumers treat marijuana more like beer or toilet paper when money runs short.
  • The risks are spotlighted in California, where businesses contend with hefty taxes, an illicit market that still dwarfs the legal one and a tourism-reliant economy

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