Cannabis sales in Arizona exceeded $1 billion dollars in 2022 as the state’s recreational marijuana market experienced strong growth in its second year of sales. Total weed sales came to $1.4 billion last year, according to data from the Arizona Department of Revenue, an amount roughly equal to the cannabis sales recorded in 2021.
Adult-use cannabis sales for 2022 reached $950 million, soaring to 70% of the state’s total marijuana sales for the year. Sales of medical marijuana were down significantly over the previous year, however, dropping to just over $500 million in 2022.
Arizona’s recreational marijuana retailers closed 2022
Read full article on High Times