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People are stockpiling pot and sales are skyrocketing at dispensaries as the coronavirus pandemic sweeps the globe

People are stockpiling pot and sales are skyrocketing at dispensaries as the coronavirus pandemic sweeps the globe

People queue to buy marijuana at coffee shop Bullwackie in Amsterdam, Sunday, March 15, 2020, after a TV address of health minister Bruno Bruins who ordered all Dutch schools, cafés, restaurants, coffeeshops, and sport clubs to be closed on Sunday as the government sought to prevent the further spread of coronavirus in the Netherlands.
People queue to buy marijuana at coffee shop Bullwackie in Amsterdam, Sunday, March 15, 2020, after a TV address of health minister Bruno Bruins who ordered all Dutch schools, cafés, restaurants, coffeeshops, and sport clubs to be closed on Sunday as the government sought to prevent the further spread of coronavirus in the Netherlands.

AP Photo/Peter Dejong

People are stockpiling marijuana as the coronavirus pandemic forces everyone to hunker down in their homes, perhaps for a long time.

All around the world, there are pictures surfacing on social media of long lines outside of dispensaries. From Toronto to San Francisco to Amsterdam, cannabis products are flying off the shelves.

The old saying that vice industries — gambling, tobacco, alcohol, firearms — are recession-proof seems to apply to legal cannabis’s first big test.

‘Sales are through the roof’

Ross Lipson, the CEO of the Oregon-based online dispensary software startup Dutchie, told

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