Arizona cannabis retailers sold nearly $1.5 billion worth of recreational and medical marijuana in 2023, a record since the state launched adult-use sales in January 2021.
State operators’ $1,490,948,873 in marijuana sales last year was an increase of 4.9% from 2022, according to data released by the Arizona Department of Revenue.
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It’s the second consecutive year of sales growth in Arizona since the launch of recreational sales, as the state has proved to be more immune to sales slumps that have hampered newer adult-use markets the past few years.
The state’s standing as a tourism and nightlife hot spot and host to major sporting events, including Major League Baseball’s Cactus League spring training events, might account for the sustained run.
The adult-use
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