The two regulated cannabis markets in Arizona are currently heading in different directions.
For the Grand Canyon State’s newly launched recreational pot industry, business is booming. Arizona’s medical cannabis decade-old market, meanwhile, continues to see lagging sales.
Citing figures from Arizona’s Department of Revenue, the AZ Mirror reports that “sales of medical cannabis dipped to slightly less than $45 million in May, their lowest total since January 2021, when adults were first allowed to purchase marijuana for recreational use,” while “initial estimates from tax collectors peg recreational sales at $76.5 million, the fifth time adult-use sales surpassed the $70 million
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