Category Archives: Arizona Medical Cannabis Business & Marijuana Legal News

MedMen pens $33 million deal to expand its reach in Arizona cannabis market

Los Angeles-based MedMen inked a $33 million deal to acquire an Arizona-based vertically integrated marijuana firm. The cash and stock deal will give MedMen a controlling interest in cannabis cultivator, producer and retailer Kannaboost Technology and CSI Solutions – referred to collectively as Level Up. Here are the basics behind the deal: MedMen expands its […]

Arizona AG seeks to outlaw hashish for medical marijuana patients

Arizona’s attorney general is asking the state’s Supreme Court to end the sale of hashish under the state medical marijuana program, a move that could deal a notable blow to MMJ sales. Capitol Media Services reported that AG Mark Brnovich is asking the state’s highest court to make possession of “hashish,” defined in state law as resin from cannabis, […]

Phoenix City Council shoots down “ambush-style” medical marijuana tax

Phoenix’s City Council on Tuesday unanimously killed a proposed medical marijuana tax that would have cost some MMJ businesses more than $1 million a year. The proposed tax became public only last week. Mayor Thelda Williams, who acknowledged her staff had worked on the proposed tax scheme behind the scenes “for a very long time,” was […]

MedMen inks dispensary deal to enter Illinois medical cannabis market

Los Angeles-based MedMen announced its second acquisition of the week to expand its national footprint – this time into the Illinois medical marijuana market. The multistate marijuana business agreed to acquire Seven Point, a licensed medical cannabis dispensary in the Chicago suburb of Oak Park. Terms of the deal weren’t disclosed, but it comes on the heels […]