Recommended content

Arizona bill aims to expand shrinking medical marijuana market

A bill making its way through the Arizona state legislature aims to significantly cut the price of medical marijuana cards, at a time when MMJ sales and patient registration have fallen dramatically.

SB 1466, which passed the state Senate in March, would lower the price of MMJ cards from $150 to $50 for the general public, according to Phoenix New Times.

ADVERTISEMENT

Veterans would receive cards for free, the newspaper reported.

The bill also would expand the list of qualifying conditions to include autism spectrum disorders and post-traumatic stress disorder.

Ninety-four percent of existing MMJ card holders listed chronic pain as a qualifying health condition, according to the latest state data.

The legislative proposal comes amid a deep slide in MMJ sales and the number of qualified patients.

As of February, the latest month for which statistics are available, Arizona MMJ sales fell to $28.2 million,

Read full article on Marijuana Business Daily

Follow us on Instagram or join us on facebook page

Be first to rate

Marijuana Business Daily
Source

More news