Holding Steady, Industry Braces for Worst

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While much of the American economy has shut down, the cannabis supply chain appears stable. Companies are scrambling to do business, while also protecting workers and the public from the novel coronavirus. But if the outbreak lasts for months or a major economic downturn ensues, the industry will not be immune, operators say.

Since an initial spike in retail sales, cannabis receipts have begun to drift lower as consumers hunker down with their hoarded stashes. Many retailers, particularly those that offer delivery, still report sales higher than the pre-virus average. However, they worry that with soaring . . .