Been higher: New dispensary opens in Bisbee in midst of drop in recreational, medical marijuana sales

Been higher: New dispensary opens in Bisbee in midst of drop in recreational, medical marijuana sales

November will mark five years since Arizona voters approved Proposition 207, legalizing recreational marijuana for adults and ushering in a new regulatory era for the state.As the anniversary approaches, the cannabis industry in Arizona is showing signs of contraction. Despite steady demand, overall marijuana sales have fallen each year since peaking at more than $117 million in 2022.This year saw the steepest decline yet, with revenues dropping…