Arizona sees first tax revenue from recreational marijuana
During the last 11 days of January, Arizonans bought $2.9 million worth of legal recreational marijuana according to the state Department of Revenue. Records for January’s transaction privilege tax or sales tax show that Arizona residents were buying about $264,000 a day worth of recreation marijuana at the end... Read more
Spring Update from Capitol Hill – SAFE Banking, the MORE Act, and Appropriations
Photo By CannabisCamera.com by Michelle Rutter Friberg, NCIA’s Deputy Director of Government Relations It’s hard to believe that somehow it’s March again, but all the while, the NCIA team in D.C. has been hard at work lobbying and advocating on behalf of you and your business. Things are really... Read more
Arizona hemp farmers see crop losses from Pythium in drip-irrigated fields
Farmers in Arizona found out the hard way that drip irrigation may not be the way to go for growing hemp crops in the state’s arid climate. During the 2020 growing season, 85% of drip-irrigated hemp plants in Yuma and Graham Counties showed symptoms of crown and root rot,... Read more
Ayr Wellness Provides Outlook for 2022 TORONTO, March 12, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO), on March 11, 2021 in connection with its fourth quarter and year-end 2020 results, provided an outlook for 2022,... Read more
Business Insurance Carrier Offers Services to Cannabis Market in Arizona | High Times Total 30 Share Read more
Arizona Recreational Marijuana Dispensary Licensing Limitations and the Cultivation Course into the Industry
Given the early success Arizona marijuana dispensaries have seen in the sale of recreational marijuana, it is no surprise that investors and entrepreneurs want in on the action.However, Arizona’s licensing system proves to be a substantial obstacle for new entrants into the market. First and foremost, there are a... Read more
Verano Holdings Continues to Solidify Ascendant Footprint Through Several Agreements in Illinois, Pennsylvania and Arizona Pending deals in key markets will add nine dispensaries to the Company’s portfolio upon close CHICAGO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (“Verano” or “the Company”), a leading multi-state... Read more
Verano Holdings Enters into Agreement to Expand Arizona Footprint Expands Verano’s presence in Arizona to four dispensaries and adds nearly 20,000 sq. ft. to its cultivation footprint, which already includes a 30,000 sq. ft. facility that is undergoing a 60,000 sq. ft. expansion for a total of 110,000 sq.... Read more
Top 5 Steps to Take Before Obtaining a Cannabis License in a Newly Legal State
By Henry Baskerville In November 2020, voters in five states passed legislation allowing some form of marijuana sales, joining the rising tide of cannabis legalization sweeping the nation. However, because cannabis is still classified as a Schedule 1 drug under the Federal Controlled Substances Act (CSA), each new state... Read more
Ayr Strategies Moves to Definitive Merger Agreement with Blue Camo, LLC (Arizona) Expected Closing in Late March TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated cannabis multi-state operator, has signed a Definitive Agreement to acquire... Read more
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