Industry News

MIKE MADRIAGA MAY 10, 2022 7:28AM Last year, Arizonans spent more money in sales tax on pot than booze, a new study shows. In 2021, adult-use cannabis excise taxes in Arizona reeled in $105 million, surpassing alcohol excise taxes of $92 million, according to an Institute of Taxation and Economic Policy (ITEP) report. ITEP, a nonpartisan and nonprofit tax […]

CYRUS GUCCIONE APRIL 15, 2022  Last Friday, 26 social equity license holder names were called to fulfill an opportunity of a lifetime. These determined few represent the future of an industry with growing pains, eager for improvement and opportunity. “For Arizona, I would like us to have one thousand manufacturers and one thousand cultivators employing one

Arizona Cannabiz Week is a MITA original networking event series designed to bring together national cannabis executives and entrepreneurs from around the globe. PHOENIX, Ariz., (March 2, 2022) — The Marijuana Industry Trade Association (MITA), named Arizona’s best place to network in the cannabis industry for the last six years, today announced a new series

Arizona’s budding cannabis industry generated $1.9 billion in sales from marijuana products last year, far higher than the estimated $1.2 billion in marijuana sales the state tracked through taxes read more…

January 24, 2022 Author: Melissa Schiller Jan. 22 marked one year since Arizona launched its first adult-use cannabis sales, and data from the state’s Department of Revenue shows that adult-use sales topped $520 million in 2021. While the department has not yet finished tallying December’s sales figures, the Arizona dispensaries racked up $528,001,278 in adult-use sales last

By Vaughan Jones ‘Published: Saturday, January 22, 2022 – 1:46pm Updated: Monday, January 24, 2022 – 8:55am 91.5 KJZZ Saturday marked the one year anniversary of the first legal sale of recreational cannabis in Arizona, and the industry brought in millions of dollars in of revenue for the state.  Dmitri Downing is the founder of the

Author: Michael Doudna Published: 10:04 PM MST November 25, 2021 Updated: 8:50 AM MST November 26, 2021 PHOENIX — Marijuana legalization is big business. According to data from the Department of Revenue, there have been more than 900 million in products sold. Businesses have been expanding to keep up with the demand all throughout the product pipeline from

Will Humble Shares his Outlines of the AZDHS Social Equity Guidelines. The powerpoint is attached to this article: