Spliffs, blunts, mokes, mole bowls, skofes, and slaps are just a select few of the unbelievably silly names stoners have given to the various methods of ingesting cannabis and tobacco at the same time. Thus far, no one has managed to combine the two because cannabis is oil-based and... Read more
Arizona’s commercial marijuana market has gone through a seismic shift since 2021 began. Adult-use and recreational sales have overtaken medical marijuana, as cardholders abandon certifications and established businesses wrestle with the need to change with the times. Throughout 2022, the Arizona Mirror has tracked a 7-month downward trend in medical marijuana sales,... Read more
It looks like recreational marijuana use is big bucks for Arizona. Medical marijuana usage plummeted as recreational use soars to a new high. According to the Arizona Department of Revenue (ADOR), adult-use (recreational) marijuana sales rose over $58.2 million in June. Medical marijuana usage sales sank to an all-time low... Read more
The two regulated cannabis markets in Arizona are currently heading in different directions. For the Grand Canyon State’s newly launched recreational pot industry, business is booming. Arizona’s medical cannabis decade-old market, meanwhile, continues to see lagging sales. Citing figures from Arizona’s Department of Revenue, the AZ Mirror reports that... Read more
Money from cannabis is just as green as money from any other industry, one business proved. A leading Arizona dispensary gathers donations monthly, and last month, successfully donated to a children’s hospital. Flagstaff Business News reports that during the most recent month of donations, GreenPharms has been fundraising for... Read more
The cannabis-themed NFT gallery in Phoenix, Arizona is set to open to the public at a special event held on July 22, featuring NFT artwork by Elise Weiland. The event is in partnership with Plant. Body. Soul., a creative marketing agency that focuses on cannabis, which is hosting the... Read more
Cannabis sales in Arizona continue to be robust overall, thanks to the continued explosion of recreational sales. But as adult-use recreational sales are increasing, medical marijuana totals are in a free-fall that began last year. The Arizona Department of Revenue reports that recreational cannabis sales were almost $75.5 million... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, This... Read more
Sales of adult-use cannabis in Arizona hit a record $72 million in March, while purchases of medical cannabis dropped for the fifth month in a row. Regulated sales of recreational pot began in Arizona in January 2021, less than three months after the state’s voters approved a cannabis legalization... Read more
Arizona state regulators awarded cannabis social equity business licenses last week, selecting 26 lucky winners out of a lottery pool of nearly 1,200 applicants. The Arizona Department of Health Services Offices selected the winners at its office on Friday after a judge ended a challenge to the state’s program... Read more
