Demitri Downing the founder and CEO of MITA, is a former prosecutor and cannabis policy expert, available to address the impact of these new dispensary licenses, and what’s at stake for the larger business community once distributed. The Arizona Department of Health Services plans to announce the 26 social equity license winners by Friday, April 8th. In a limited licensing market structure, these social equity licenses maybe some of the last dispensary permits issued for a long long time, perhaps generations.” The Arizona Department of Health Services (ADHS) tentatively plans to announce the winners of the 26 social equity cannabis licenses by Friday, April 8th. Over 1,500 applications were submitted for the coveted and valuable licenses estimated to be worth between $10-20 million each. The department will release the final number of eligible applicants prior to the lottery. Arizona’s Marijuana Industry Trade Association (MITA) has served as a premier source on the social equity ownership program since its inception.
Mmp News Author, Medical Marijuana Program Connection, 03/22/2022 12:25:00