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Pot Lottery Will Choose 13 Rural AZ Dispensary License Winners


Thirteen lucky winners will be selected at random by the state this afternoon to become instant millionaires.
This isn t your classic lottery, however. The person pulling ping-pong balls from a lottery machine works for an accounting firm hired by the state Department of Health Services, and the prize is the right to manufacture and sell marijuana in one of Arizona s rural counties. The entrance fee is a bit more than the $2 for a Powerball ticket: It costs $25,000 just to apply, as well as proof of an additional $500,000 set aside in liquid capital and a confirmed, secure dispensary location.
The application fee will be well worth it for the 13 lucky, and financially flush, winners. The adult-use legalization measure that Arizona voters passed in November caps the number of recreational licenses the state can issue at roughly the current number of medical marijuana licenses. ....

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Green rush to win coveted marijuana store licenses in Arizona


Green rush to win coveted marijuana store licenses in Arizona
For the third time since marijuana was legalized for medical use in Arizona, officials held a lottery to hand out new licenses intended for rural counties.
and last updated 2021-04-19 21:22:27-04
For the third time since marijuana was legalized for medical use in Arizona, officials held a lottery to hand out new licenses intended for rural counties that currently lack medical or recreational sale dispensaries.
Demitri Downing, president of the Marijuana Industry Trade Association said the competition for these licenses was stiff.
With only 13 licenses up for grabs, 377 people applied, and of those, Downing said 22 applications were rejected due to errors. ....

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