Drew Mattews

The cannabis industry, once characterized by sky-high valuations and rapid expansion, is now facing a harsh reality: dispensaries that were worth millions just a year ago are now struggling to find buyers at a fraction of that price. As Debra Borchardt noted in Green Market Report, according to...

Arizona’s cannabis market, once hailed as a rising star in the industry, is now grappling with significant challenges. Despite the continued strength in asset valuations, the state has seen a marked decline in both medical marijuana and adult-use cannabis sales. Between August 2022 and July...