Total Arizona marijuana sales in 2022 mirrored the total from 2021, the first year of the legal adult use market, but the paths that each year reached $1.4 billion in sales were strikingly different. Read more»
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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»
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»
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»