Posted inHealth

Corporate marijuana dispensaries flex financial muscle, overtake Arizona’s social equity program

Arizona’s social equity program created a path to entrepreneurship for individuals harmed by previous marijuana laws when the state legalized adult-use cannabis in 2021. But nearly two years since 26 social equity applicants were drawn from a lottery, existing corporate dispensaries have wielded their power to get a stake in at least half of the lucrative licenses, owning 11 of them outright.