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Canada’s Ayr Strategies buys Arizona medical cannabis firm for $81 million

Multistate cannabis operator Ayr Strategies announced an $81 million acquisition deal that will allow the Toronto-based company to enter Arizona, giving it three storefronts in the Phoenix metro area and two cultivation facilities. The deal comes on th…

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Four years after narrow loss, Arizona is 13th state to legalize recreational cannabis

Arizona voters on Tuesday overwhelmingly approved adult-use cannabis legalization, making the state the 13th to legalize the cultivation and sale of recreational marijuana.
Four years after narrow loss, Arizona is 13th state to legalize recreational ca…

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A new Arizona adult-use cannabis market may offer limited business opportunities

Even if Arizona voters back recreational marijuana legalization on Nov. 3, don’t expect a wide-open cannabis market with lots of new business licenses immediately up for grabs in the Southwest state. That could change over time, depending on the …