Arizona dispensaries said they sold $120M in marijuana in March, but here’s why that number is off

By Ryan Randazzo |Arizona Republic

Arizona marijuana dispensaries reported selling nearly $120 million worth of products in March, though officials at the Arizona Department of Revenue say the initial tax data are not yet reliable.

The total sales and tax collections are jumbled because some dispensaries are paying multiple months at once while others haven’t properly reported sales, according to the state. That means some dispensaries included more than just March in their March report, while others have yet to report anything for the year.

Because of these inconsistencies, it is unclear how much cannabis the state is selling on a month-to-month basis.

Recreational sales kicked off in late January in Arizona after the passage of Proposition 207 in November. The 124 operating medical marijuana dispensaries in the state are all now licensed to sell marijuana, edible candies and sodas, and concentrates like vape pens to anyone over 21.

The Department of Revenue has been tracking the recreational sales, which use business code “420,” a popular cultural reference to marijuana, to report those sales to the state.

READ ON:

Share this!

Additional Articles

News Categories

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.

June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930