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Laura Bianchi, Rose Law Group partner and director of Medical Cannabis Department, quoted in Arizona Republic advising on non-profits in the industry making millions

Posted by   /  January 26, 2018  /  No Comments

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By Ryan Randazzo | The Republic

Arizona’s surging medical marijuana industry includes a 40-acre greenhouse in Snowflake, stock traded on the Canadian market, an 800,000-square-foot factory turned indoor farm in west Phoenix, and home delivery for customers.

Sales of medical marijuana here soared nearly 50 percent in 2017 with an estimated value of $387 million. A small army of attorneys and high-end Scottsdale public relations professionals work on its behalf.

The size and scope of these operations belies the “non-profit” description voters heard when they approved medical marijuana in 2010. They also highlight an open secret within the industry: Non-profit doesn’t mean non-lucrative.

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