By Ryan Knappenberger – Cronkite NewsWASHINGTON – Sales of marijuana in Arizona soared to $1.6 billion in 2021, just one year after recreational pot was legalized in the state, making Arizona second only to California for retail sales that year, according to an industry research group.
Cultivation and production of cannabis as a crop, however, are not about to rival the 5 C’s: cattle, cotton, copper, citrus and climate. “For example, we have 35,000 square feet of indoors cannabis and hemp,” Aveiga said. “In California there are over 4 million square feet, Colorado has over 2 million and Kentucky has around 200,000.Dave DeWalt, the Arizona statistician for the U.S. Department of Agriculture, said in an email that the state had about 129,000 acres of cotton in production in 2021, worth about $156 million, and that cattle brought in $754 million that year.
Smith, of the NCIA, said it’s not just farmers: Businesses trying to sell medical and recreational marijuana face legal hurdles that other businesses don’t.
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Governor-elect Katie Hobbs, other new Arizona leaders have clean energy opportunities - Phoenix Business JournalIn this guest column, a trade association executive looks at the ways Arizona will be able to take advantage of billions in new federal funding aimed at boosting the clean energy sector. Big govt for everybody!!! Yayyyyyyyyy!!! New state leaders are Republicans, and they hate energy that is not a fossil fuel.
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How tech layoffs are impacting the Phoenix area's office market - Phoenix Business JournalSome of the Valley's biggest office deals that predated the Covid-19 pandemic have come from tech firms such as Carvana, DoorDash, Opendoor, Amazon.com, Nextiva and more. Now, some of them — and others — have announced layoffs and could be looking to shed some office space.
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How tech layoffs are impacting the Phoenix area's office market - Phoenix Business JournalSome of the Valley's biggest office deals that predated the Covid-19 pandemic have come from tech firms such as Carvana, DoorDash, Opendoor, Amazon.com, Nextiva and more. Now, some of them — and others — have announced layoffs and could be looking to shed some office space.
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Minority-owned businesses land big contracts for Super Bowl LVII - Phoenix Business JournalDozens of diverse, small business owners gathered at the Cardinals stadium on Wednesday to network with other companies and to secure remaining contracts for the Super Bowl in 2023. Meet some of the businesses who have been able to score contracts around the big game.
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Men’s apparel store opens in former Easley's space - Phoenix Business JournalPhoenix residents Patrick and Mary Burch are moving their store from a historic home on Indian School Road in central Phoenix to a space in the Easley’s Center.
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Men’s apparel store opens in former Easley's space - Phoenix Business JournalPhoenix residents Patrick and Mary Burch are moving their store from a historic home on Indian School Road in central Phoenix to a space in the Easley’s Center. I am going to visit.
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