CURALEAF HLDGS INC by Curaleaf Hldgs Inc. (CURLF) – Cresco Labs To Start Adult-Use Cannabis Sales In Phoenix On Heels of Election Day LegalizationPosted by On


Cannabis company Cresco Labs (CSE:CL) (OTCQX:CRLBF) was approved by the Arizona Department of Health Services to commence adult-use sales at its Sunnyside dispensary in Phoenix in mid-February.

The company’s Sunnyside dispensary is located at 2620 West Encanto Boulevard in Phoenix.

Cresco joins other big cannabis enterprises who already obtained approval for recreational marijuana sales in The Grand Canyon state, including The Mint DispensaryColumbia Care Inc. (OTCQX:CCHWF), Curaleaf Holdings Inc. (OTCQX:CURLF), and Harvest Health & Recreation Inc. (OTCQX:HRVSF).

Arizona said yes to recreational cannabis legalization during November’s election, and started the application process on Jan. 19. Dispensaries can apply online, but are required to pass an FBI background check. The application fee is set to $25,000.

Adult-use cannabis sales in Arizona are taxed at 16%.

“As a company, our strategy is to invest our resources in only the most strategic markets with appropriate regulations and strong consumer demand. For the last 10 years, not only has Arizona administered a responsible medical cannabis program, but has also garnered strong participation with more than 300,000 active patients,” Cresco Labs CEO Charlie Bachtell says.

Arizona is among seven of Cresco’s 10 states with run-rates of more than $1 billion.

“With the same playbook…

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Cannabis company Cresco Labs (CSE:CL) (OTCQX:CRLBF) was approved by the Arizona Department of Health Services to commence adult-use sales at its Sunnyside dispensary in Phoenix in mid-February.

The company’s Sunnyside dispensary is located at 2620 West Encanto Boulevard in Phoenix.

Cresco joins other big cannabis enterprises who already obtained approval for recreational marijuana sales in The Grand Canyon state, including The Mint DispensaryColumbia Care Inc. (OTCQX:CCHWF), Curaleaf Holdings Inc. (OTCQX:CURLF), and Harvest Health & Recreation Inc. (OTCQX:HRVSF).

Arizona said yes to recreational cannabis legalization during November’s election, and started the application process on Jan. 19. Dispensaries can apply online, but are required to pass an FBI background check. The application fee is set to $25,000.

Adult-use cannabis sales in Arizona are taxed at 16%.

“As a company, our strategy is to invest our resources in only the most strategic markets with appropriate regulations and strong consumer demand. For the last 10 years, not only has Arizona administered a responsible medical cannabis program, but has also garnered strong participation with more than 300,000 active patients,” Cresco Labs CEO Charlie Bachtell says.

Arizona is among seven of Cresco’s 10 states with run-rates of more than $1 billion.

“With the same playbook…



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