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The medical market has continued to bleed both sales and participants, following a trend that has legalized adult-use cannabis years after establishing medical cannabis markets.

For the eighth straight month, and the eleventh time in the past year, Arizona medical marijuana sales dropped from the month prior - clocking in at about $31 million in October 2022 - while adult-use cannabis sales hit a new high in the same month, with more than $85.4 million. Read more»

Unless the responsibility to amend the Model City Tax Code is transferred to another entity, there is no other government body that can perform the commission’s duties.

The failure of Arizona Gov. Doug Ducey and Republican legislative leaders to appoint members to an obscure but technically important board that considers tax issues is causing big headaches for local governments trying to administer their tax codes. Read more»

A new income tax approved by voters in November violates the state constitution and should be blocked, attorneys for a group of Republican lawmakers argued Tuesday before the Arizona Supreme Court. Read more»

A home for sale in Tempe. Realtors say home prices in Arizona are rising as the number if distressed properties is reduced and housing inventory shrinks.

The total value of home sales in Arizona rose over the last year even as the number of transactions slipped, real estate executives say, as foreclosed and distressed properties were moved off the market and the subsequent lower home inventories boosted prices. Read more»