Arizona Medical Cannabis Business & Marijuana Legal News

Arizona may be on verge of requiring medical marijuana testing

Arizona Gov. Doug Ducey has until Saturday to decide whether to sign legislation that would require medical marijuana and derivative products to be tested by an independent lab for pesticides, fungus, heavy metals and other impurities starting Nov. 1, 2020. Senate Bill 1494 also would require the state Department of Health Services to issue lab […]

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Green Growth eyes Florida medical marijuana market, nixes Arizona deal

Ohio-based medical marijuana company Green Growth is moving into Florida through a $54.65 million agreement to acquire Spring Oaks Greenhouses, an MMJ company based in the state. The acquisition, expected to close in August, would allow Green Growth to operate up to 35 dispensaries in Florida’s sizable medical cannabis market. Green Growth also announced the […]

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Arizona law firm ordered to pay $150K for meritless marijuana suit

Arizona’s highest court has concurred that a Phoenix law firm must pay roughly $150,000 in legal fees for filing a frivolous lawsuit against the town of Snowflake and Copperstate Farms, a large medical cannabis grower. The suit challenged Snowflake’s decision in 2016 to issue a permit allowing Copperstate to cultivate marijuana in a greenhouse previously […]

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Medical marijuana extracts ruling could open a business gateway in Arizona, experts say

The Arizona Supreme Court handed the state’s medical cannabis industry a significant legal win this week by ruling that extracts – including concentrates, edibles and other infused products – are legal. So, do licensed medical marijuana businesses expect an immediate shift in day-to-day business operations now they can legally sell the products? “We’ve been selling extracts […]

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Arizona Supreme Court rules medical marijuana extracts, infused products legal

The Arizona Supreme Court unanimously ruled that cannabis extracts – including concentrates, vaporizer cartridges and infused food and beverages – are legal and the state’s medical marijuana dispensaries can sell them. In doing so, the court handed a win to the state’s booming medical marijuana industry. Some Arizona retail shop owners and marijuana product manufacturers feared the […]

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Marijuana group 4Front secures $50 million loan to help build facilities

Phoenix-based 4Front Holdings, a vertically integrated cannabis group, has secured a $50 million loan to help it build cultivation and production facilities connected with the company’s expected merger with Cannex Capital. The deal with Vancouver, British Columbia-based Cannex is awaiting final approval from U.S. antitrust authorities. The resulting combined entity is to be named 4Front […]

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Cannabis firm Harvest Health posts spike in Q4, full-year revenue

Arizona-based Harvest Health & Recreation’s revenue more than doubled during its fourth quarter and fiscal 2018 as the multistate marijuana company continued to expand its retail and wholesale footprint and predicted further expansion this year through acquisitions. Despite the sales gains, the company recorded a net loss for the quarter of $71.1 million – which […]

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Harvest Health to buy CannaPharmacy, expand cannabis operations

Phoenix-based Harvest Health & Recreation agreed to acquire CannaPharmacy, a vertically integrated marijuana company operating in four Northeastern states. Terms were not disclosed, and a Harvest spokesman confirmed the deal was not material to the company. CannaPharmacy has cultivation, manufacturing and retail operations in Delaware, Maryland, New Jersey and Pennsylvania. “There is tremendous value in […]

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Vireo enters Arizona medical cannabis market

Vireo Health, a Minneapolis-based cannabis group, said it is expanding into Arizona with the acquisition of Arizona Natural Remedies (ANR). Vireo declined to disclose the value of the acquisition. The company, which started trading on the Canadian Securities Exchange earlier this month, will now operate in seven states. ANR operates a dispensary in Phoenix and an Amado-based cultivation […]

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