Arizona Medical Cannabis News
Arizona vertically integrated marijuana company Copperstate Farms Management is paying $15 million to buy Green Goods, a licensed retail location in Phoenix, from Goodness Growth Holdings.
A lawsuit filed against the state of Arizona by a cohort of social equity advocates alleges that regulators haven’t done enough to ensure that 26 cannabis business permits will wind up with entrepreneurs who were actually harmed by the war on drugs and that the licenses might instead become controlled by marijuana multistate operators.
Marijuana and hemp packaging companies are searching for environmentally friendly and sustainable options to attract consumers who are more conscientious about buying products that are packaged using green materials.
Cannabis multistate operator Curaleaf Holdings signed a definitive agreement to acquire an Arizona-based MSO in a cash and stock transaction currently valued at $286 million.
Five cannabis businesses were chosen to Inc. magazine’s list of the top 250 best-led companies.
Arizona regulators finalized rules for the 26 social equity licenses to be issued as part of the state’s adult-use cannabis program, adding language that prevents an applicant from entering into a prior agreement to sell or transfer the license to a nonqualifying operator.
Arizona cannabis regulators announced a list of 87 ZIP codes across the state where applicants for 26 social equity retail marijuana licenses must have lived recently.
