Flood of Dispensary Applications in Arizona Signals Keen Market Interest

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

By John Schroyer

Arizona recently opened the door to a new wave of licensing for medical marijuana dispensaries, and got flooded with 750 applications for just 31 permits.

It is perhaps the largest ratio of applications to licenses in any market, and signals that cannabis entrepreneurs are bullish on Arizona.

The deluge comes ahead of the November elections in which Arizona residents will vote on Proposition 205 to legalize recreational marijuana.

If voters approve the initiative, licensed dispensaries would get first crack at rec licenses. Still, those in the Arizona industry say the tsunami

Flood of Dispensary Applications in Arizona Signals Keen Market Interest is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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