Long lines have been forming at Arizona’s medical marijuana dispensaries, but it’s not necessarily from a rush on sales during the coronavirus pandemic. Dispensaries, which remain open, are taking some extra precautions like limiting the number of customers inside at once. At Nature’s Medicines dispensary on McDowell Road, that... Read more
Harvest Health and Recreation, Arizona’s biggest medical-marijuana operator, said on Wednesday it has acquired three shops run by competitor Arizona Natural Selections, giving Harvest 14 of the 120 or so operating retail stores in the state. The companies didn’t disclose the price, other than to say Tempe-based Harvest acquired... Read more
Arizona hemp farmers may be feeling a bit panicked after the state’s Department of Agriculture’s Plant Services Division published a report stating that 41 percent of the hemp plants they tested had THC levels that were too high. “It’s a high-risk deal,” said head farmer for Arizona Hemp Supply... Read more
Arizona producers might have geography to blame for joining hemp farmers across the country who have had to destroy their 2019 crops after the plants tested positive for elevated levels of THC. About 41% of the state’s hemp plants tested above the 0.3% legal THC limit, according to the Arizona... Read more
Arizona’s recreational cannabis ballot initiative already has surpassed 150,000 signatures, according to the Smart and Safe Arizona campaign. The number, confirmed by Stacy Pearson at Strategies 360, the PR firm running the campaign, shouldn’t surprise anyone. With over $1.6 million in funding, the political action committee formed to push the... Read more
State regulators in Arizona will begin issuing identification cards in digital form next month, according to a report from cannabis industry website azmarijuana.com. Beginning December 1, the new digital marijuana identification cards will replace the physical cards currently being issued through the mail by the Arizona Department of Health... Read more
A new marijuana industry group intends to fight a planned initiative for recreational marijuana in Arizona and work with the state Legislature to bring a competing proposal to the 2020 ballot. The Smart and Safe Arizona Act filed with the state in August leaves out key industry players and prioritizes the... Read more
Cresco Labs to Acquire Tryke Companies Including the Reef Dispensary Portfolio – Consistent With Stated Plan to Establish Market Leading Positions in Both Nevada and Arizona and Build Brand and Wholesale Capabilities Announces C$73.5 Million Underwritten Public Unit Offering Tryke generated US$70.4 million in Revenue and US$24.6 million in EBITDA in fiscal 20181,... Read more
A campaign is underway in Arizona to put the question of recreational cannabis legalization on the ballot for 2020. The group spearheading the effort, Smart and Safe Arizona, was behind a push to legalize cannabis in 2016. Their previous campaign faced major opposition from the Arizona Chamber of Commerce.... Read more
Backers of legal recreational marijuana took the first steps Friday to putting the issue on the 2020 ballot. The initiative crafted by supporters and financed by the current and would-be seller would allow anyone age 21 and up to buy and possess up to an ounce of marijuana or... Read more