Dixie Brands pulling out of Arizona medical cannabis market

Colorado-based Dixie Brands, a major multistate edibles producer, is poised to pull out of Arizona indefinitely after entering the medical marijuana market there roughly a year ago. “As of September 1, we will officially be out of the Arizona market,” a company executive wrote in an email to Dixie distributors in Arizona. Marijuana Business Daily¬†obtained the email Monday. Company spokesman Joe Hodas confirmed the move in an emailed statement, writing that the business hopes to re-enter Arizona “in the near future.” Hodas wrote that the pullout is “temporary” and attributed the decision to a miscalculation regarding how much capital investment ... Dixie Brands pulling out of Arizona medical cannabis market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs