Arizona Medical Cannabis Sales Skyrocket to $390 Million
January 22, 2019 by erfa5t8
Marijuana sales at Arizona dispensaries escalated from 1,386,198 ounces of cannabis offered in 2017 to 1,950,652 ounces in 2018, an increase of 564,454 ounces( 40.7%). If, for example, an average ounce sells for $200in Arizona, then dispensaries sold roughly$ 390 million over the year. Marijuana flower was by-far the most popular item sold at dispensaries, making up 1,789,294
ounces( 111,830 pounds )of the 1,950,652 ounces sold in 2018. In 2018, the Arizona Department of Health Solutions got 200,060 patient applications. At $150 per application,the ADHS made approximately$ 30 million. (A very little portion of applications were at the decreased rate of $75 for individuals on the Supplemental Nutrition Support Program.) Arizona charges a 5.6 %sales tax
on medical marijuana sales. At an approximated$ 390 million in sales in 2018, the state earned over $22 million in tax revenue. Last year, 59.97% of Arizona’s medical marijuana clients were male while 40.03% were female. Of all patients in the state, 87.69% received a medical marijuana card for chronic pain. 18 to 30 year olds comprised the largest demographic of Arizona medical marijuana clients at 26.08 %, with the second biggest group being 31 to 40 years of age at 20.68% and after that 51 to 60 year olds at 16.15%. Fridays tend to have the most sales at dispensaries. FIND Dispensaries< a href=" https://azmarijuana.com/category/images/"
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