Latest Arizona Medical Marijuana Market Data: 33,601 Active Card-Carrying Cannabis Patients
Arizona entrepreneurs planning to open dispensaries in the near future will have a sizable market to tap.
Nearly 34,000 patients have active MMJ cards in the state as of Nov. 7, according to the latest data by the Arizona Department of Health. That’s a relatively large base of potential customers, amounting to an average of 307 patients for each of the 97 dispensary finalists recently selected by the state.
Some medical marijuana states have a higher ratio of patients to dispensaries, which ostensibly creates a better business climate for MMJ centers. But the numbers aren’t representative of the actual customer base, as many patients grow their own rather than buy from licensed dispensaries.
In Arizona, on the other hand, the opening of dispensaries will trigger laws that prevent most residents from growing their own marijuana. The bottom line: The vast majority of Arizona’s 34,000 qualified patients will have to turn to dispensaries for cannabis.
Last week, local officials approved the first dispensary in the state, a huge step for the fledgling program. The center – called Arizona Organix – hasn’t set an official opening date, saying that it might be weeks or months away. Arizona officials will likely approve more dispensaries in the near future, meaning we could see the industry really take off by early next year (though much of it will depend on a crucial court case that could derail the entire program).
Here are some other stats about the customer pool in Arizona:
– More than a quarter of qualified patients (or 9,118) are female.
– Just over 26% of patients are between the ages of 18 and 30, followed by those ages 51 to 60 (21%) and 31 to 40 (21%).
– Chronic pain ranks as the top medical condition, with 90% of registered patients reporting it as a reason for joining the program.
– Gila County has the highest concentration of registrants, with 9.2 card-carrying patients per 1,000 residents, followed by Yavapai (8.7) and Coconino (8.4).
– The state has revoked just one MMJ card through June.
Chart credit: Arizona Department of Health
The two companies selected to grow and dispense medical cannabis in Minnesota have raised a [click to continue...]
Medical marijuana businesses in Vancouver, British Columbia, may soon be in the city’s crosshairs. The [click to continue...]
An increasing number of states are requiring cannabis companies to track every plant from seed [click to continue...]
The agency in charge of overseeing Oregon’s recreational marijuana industry is planning to add a [click to continue...]
Cannabis business owners harassed by federal prosecutors despite operating legally in their respective states would [click to continue...]
An attempt to legalize medical marijuana in Florida this year via the state Legislature is [click to continue...]
An Ohio organization pushing for medical marijuana legalization in the state says a stronger, more [click to continue...]
A dispensary run by the president of the California Cannabis Industry Association has come under [click to continue...]
Oregon officials in charge of regulating the state’s up-and-coming recreational marijuana industry expect roughly 2,000 [click to continue...]
One of the first commercial cannabis testing labs in the United States is seeking $5 [click to continue...]
The head of the Drug Enforcement Agency will resign next month, prompting cheers from cannabis [click to continue...]
The owners of a planned Las Vegas dispensary held a ceremonial groundbreaking on Monday despite [click to continue...]
Yet another national poll has revealed that attitudes towards legalizing cannabis have grown more tolerant [click to continue...]
Washington State cultivators must be hurting. The average price of a gram of retail cannabis [click to continue...]