The pandemic was a breakout moment for the cannabis industry
Story Date: 6/2/2021

 

Source: WRAL, 5/31/21


“I expect this will be the first year Nevada does over a billion in cannabis sales,” said Nicolas MacLean, CEO of Aether Gardens, a cannabis producer in Las Vegas. “And it happened on the back of what I think no one expected.” In March 2020, the Strip went dark in its first total shutdown since the assassination of Martin Luther King Jr. in 1968. In the ensuing weeks, Las Vegas became the layoff epicenter of the United States. With casinos closed, visitor volume dropped to a little over 100,000 in April 2020 from 3.5 million in January 2020. The decrease sent the state’s small businesses — including the cannabis sector — into a tailspin.

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