Arizona cannabis

BDSA‘s October 2024 data highlights Maryland as the fastest-growing state for cannabis sales, with a year-to-date (YTD) increase of 57.8%, totaling $942.2 million.  Maryland’s impressive performance within BDSA’s tracked markets cements its place as a key emerging state in...

Federal decisions on cannabis rescheduling and the SAFE Banking Act could reshape growth paths for multi-state operators (MSOs) and spark stock volatility across the industry. Meanwhile, states like Florida are considering recreational legalization, opening the door to substantial new revenue...

Arizona will officially allow adult-use cannabis deliveries starting November 1, significantly expanding consumer access beyond medical marijuana patients. Previously restricted to medical patients, this service will now cater to adults 21 and over, facilitated by the Arizona Department of Health...

In Zuanic & Associates' latest equity report, senior analyst Pablo Zuanic analyzes MariMed's (OTC:MRMD) performance across its core markets, with Illinois (IL) accounting for 40-45% of the company's sales.  Despite overall market stagnation, MariMed aims to boost growth through capacity...

The Arizona Court of Appeals decided recently that medical marijuana dispensaries can operate close to preschools. This decision stems from a legal challenge against the Arizona Department of Health Services (ADHS) regarding the state's medical marijuana law, specifically the 500-foot buffer zone...

A three-judge panel in Arizona ruled recently that driving after consuming marijuana cannot be penalized if the driver is not impaired. The move effectively overruled previous decisions by an administrative law judge whose reasoning was upheld by the Maricopa County Superior Court subsequently,...

Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) announced Tuesday that it has entered into a partnership with Black Buddha Cannabis. The collaboration will debut products from women-owned medical marijuana brands to Trulieve dispensaries in Arizona and Pennsylvania starting this fall. Products...

Donald Trump's unexpected support for cannabis legalization has become a surprising focal point in the 2024 election. His endorsement in Florida may be part of a larger strategy to sway critical swing states like Arizona, Pennsylvania, Wisconsin and Michigan, where cannabis reform is gaining...

Arizona’s cannabis market, once hailed as a rising star in the industry, is now grappling with significant challenges. Despite the continued strength in asset valuations, the state has seen a marked decline in both medical marijuana and adult-use cannabis sales. Between August 2022 and July...

Quarterly earnings will highlight efficient operators' growing market share and building sustainable platforms. Pablo Zuanic, senior analyst at Zuanic & Associates, provides an overview of the cannabis market trends in key states ahead of the second quarter earnings season. Zuanic...

Verano Holdings Corp. (OTCQX:VRNOF) announced Monday that it wiil acquire significant assets from The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTC:CBSTF) (FSE: 3LP). The acquisition, strategic to expanding its national footprint, includes one of Cannabist’s Virginia licenses, along...

Alaska: House Sends Cannabis Tax Measure To Senate  The Alaska House of Representatives voted Friday in favor of House Bill 119 – a cannabis tax measure, reported Alaska Beacon. The measure was approved in a 36-3 vote.  If the bill passes the Senate and gets...

Wedbush Securities released a report on Curaleaf Holdings, Inc. (OTC: CURLF), the largest U.S. cannabis company by market cap, raising the stock's 12-month price target to $7.00 from $6.00 and maintaining a buy recommendation (Outperform rating). Key Financials And Rating Curaleaf's market...

In the latest report from Viridian Capital Advisors, investment trends in the U.S. cannabis industry show a marked decrease, despite significant capital inflows in leading states such as California, New York and Massachusetts. Over the last twelve months (LTM) ending May 3, 2024, there has...

In the first quarter of 2024, the cannabis sector faces a mixed economic landscape with a notable sequential decline in sales across several states. Pablo Zuanic, senior analyst of Zuanic & Associates has detailed insights into the sector's performance, particularly focusing on multi-...