Ten community colleges in Arizona have recently received $31 million in funds from recreational cannabis taxes, the Associated Press reports. Arizona’s recreational cannabis law states that one-third of the 16 percent excise tax will be set aside for community colleges every year. Each college may use the funds to... Read more
Trulieve Acquires 64,000 sq. ft. Cultivation Facility in Phoenix TALLAHASSEE, Fla., Feb. 15, 2022 /PRNewswire/ — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced it has completed the acquisition of an operational 64,000 sq. ft.... Read more
New data from the Arizona Dept. of Revenue shows that one year after recreational marijuana use became legal in the state, its generated over $44 million in tax revenue. Combined with medical marijuana sales, total sales of marijuana topped $1.2 billion in 2021. After steady growth January and February... Read more
Cannabis is officially a billion dollar business in the state of Arizona. Voters in the Grand Canyon State passed a measure at the ballot in 2020 that made recreational pot legal for adults ages 21 and older. Medical cannabis, meanwhile, has been legal in the state since 2010. That... Read more
Curaleaf Completes Acquisition of Bloom Dispensaries WAKEFIELD, Mass., Jan. 19, 2022 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis, today announced the completion of its previously announced acquisition of Bloom Dispensaries (“Bloom”), a vertically integrated,... Read more
The Greenrose Holding Company Closes Asset Purchase of True Harvest, LLC True Harvest Expands Greenrose’s Footprint into Arizona and Establishes Strong Cultivation Presence in the Southwest Greenrose Provides Revised 2022 Outlook for True Harvest and Theraplant AMITYVILLE, N.Y., Jan. 03, 2022 (GLOBE NEWSWIRE) — The Greenrose Holding Company Inc.... Read more
Curaleaf Announces The Acquisition Of Bloom Dispensaries Bloom further strengthens Curaleaf’s presence in the highly attractive Arizona market, expanding the Company’s cultivation, processing, and retail assets in the state Acquisition will be immediately accretive to Curaleaf’s adjusted EBITDA margin upon close Upon close of recently announced acquisitions, the Company’s... Read more
Curaleaf Announces Agreement To Acquire Natural Remedy Patient Center In Arizona Curaleaf continues its Arizona expansion, adding tenth dispensary in the state WAKEFIELD, Mass., Dec. 23, 2021 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis,... Read more
The Arizona Department of Health Services has started accepting applications for “social-equity” marijuana shop licenses despite lawsuits seeking to stop the program and make it more inclusive. The new licenses are intended to help people harmed by previous marijuana laws before the drug was legalized for recreational use last year... Read more
An Arizona nonprofit and a group of potential investors filed suit against the state’s cannabis social equity program last week, claiming its rules will lead to lucrative marijuana dispensary licenses intended for communities harmed by the War on Drugs being taken over by existing corporations. The lawsuit brought by... Read more
