October 2020 Emerging States Report

Prepared by: Bridge West, Higher Yields Consulting, and Green Rush Indexed Data

Bridge West, Higher Yields, and Green Rush Indexed Data collaborated on this Emerging States Report, “Combating COVID-19: The Resilience of Cannabis Businesses in the Face of a Pandemic.”  The cannabis industry has remained resilient during the COVID-19 pandemic when many other industries have not.  This report describes how seven states, California, Colorado, Florida, Massachusetts, New York, and Oklahoma, have responded to the pandemic and adapted to this ‘new normal.’  The report looks at the 2020 sale and tax revenue and trends, information about emergency orders and regulations, and unemployment data.

Peter Prevot, CPA, Senior Business Consultant at Bridge West, summarizes the findings of this month’s Emerging States Report in the video below: