High and dry: Real estate issues present major hurdle for Valley cannabis companies

Arizona’s medical marijuana law allows cities to set dispensary and cultivation facility location restrictions

By Corina Vanek | Phoenix Business Journal

Nearly 10 years after Arizona voters legalized marijuana for medical use, dispensary owners and attorneys who work with the industry cite an unlikely hindrance in opening up shop: real estate.

“Real estate is hands down the most cumbersome and challenging part of the entire industry,” said Sara Gullickson, CEO of Item 9 Labs, a publicly traded cannabis company dealing with marijuana cultivation, production, dispensaries and transportation. “Real estate is the number one ingredient.”

Gullickson has eight dispensary licenses and founded Dispensary Permits, a consulting company for weed-oriented businesses going through the licensing and opening process. She sold the consulting business to Item 9 Labs in December when she took over as CEO.

READ ON:

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
April 2019
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930