We’ll take a look at the impressive growth of Arizona’s first year of adult-use sales.
Witnessing the introduction of adult-use cannabis into a market can be exciting to watch. In markets that are already medically legal, adult-use legalization can result in a drastic increase in the total addressable market for operators and retailers that creates opportunities for growth across the entire supply chain.
The launch of recreational sales in Arizona in the beginning of 2021 was no exception. Given a relatively robust medical market that has been active since 2012, the adult-use market in Arizona provided a new frontier of expansion for the cannabis industry. Arizona cannabis consumers showed up with strong sales, spending over $1.9 billion in total annual sales (adult-use and medical combined) in the first year.
Show Notes:
Examining Arizona’s first year of adult-use cannabis sales
https://www.headset.io/posts/examining-arizonas-first-year-of-adult-use-cannabis-sales
Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/
Episode 889 The #TalkingHedge…
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com
Music Info:
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats
Keywords:
Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data
Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers. This is only entertainment.
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