Chart of the Week: Arizona’s Medical Marijuana Market Gaining Steam

By Becky Olson

Business is booming for medical cannabis companies in Arizona.

Aside from a 33% surge in patient numbers during the first 10 months of the year, dispensaries are on pace to sell more than 586,000 ounces of marijuana in 2015 – an increase of over 80% from 2014, according to data from the state.

A March 2014 legal ruling that paved the way for the sale of cannabis oils and other concentrates, along with the addition of post-traumatic stress disorder to the qualifying condition list earlier this year, have helped fuel the growth.

The edibles market has also been gaining traction.

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Chart of the Week: Arizona’s Medical Marijuana Market Gaining Steam is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs