Dispensary Revenues Projected to Reach $440 Million by 2016

l (2)

Harvest of Tempe

AZ MMJ dispensary industry, retail sales of medical cannabis in the state could grow to as much as $440 million by 2016, when the industry is expected to reach maturity with 112 regulated dispensaries open. The number of Medical Marijuana patients is calculated to reach 105,000. The highly regulated dispensaries will directly contribute more than $36 million per year in sales tax and another $43 million per year in tax/license revenues for Arizona state and local governments.