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Arizona Real Estate & Cannabis Regulations

Cannabis Status: Open

The state of Arizona is a diamond in the rough in regards to commercial real estate and recreational cannabis (Pending Prop 207). Large cities such as Phoenix and Tucson house diverse, upcoming opportunities as well as a market that that is growing on par with the nation. On our website we have many upcoming opportunities listed for cannabis use in Arizona and we have published our team’s research on Arizona demographics, market analysis, taxation, cannabis regulations and more to help you find the right location in this up and coming market.

Name: Arizona
Population: 7,170,000
Median Income: $59,246
Cannabis Uses: Currently Medically Legal (Prop 207 — Marijuana Legalization Initiative is on the November Ballot)
State Cannabis Overview: Arizona is currently medically legal; however, with the November ballot looming and support, legalization seems inevitable. Please keep checking back on our page for upcoming regulations in regards to Prop 207 and Arizona’s pending cannabis legalization.

View Arizona Cannabis Real Estate Properties

Arizona Cannabis & Commercial Real Estate Research

Arizona Uses / Distance Requirement

Pending Uses: Retail (1/10 applicants), Testing, Production,

Pending Caps of Counties: No more than 2 per county, if the county has no medical dispensaries (1 is allowed if there is already a license in the county).

Pending Distance Requirement: No licensed establishment will be located within 500 feet of a school ground. Recreation or youth center, building in which religious services are conducted, or a correctional facility.

Tax Rates: Adult-use retail sales: Purchases are subject to a 16% cannabis excise tax in addition to a 5.6% statewide retail sales tax, bringing the total to 21.6%. Medical marijuana sales: Purchases are subject to a 6.6% state excise tax plus an additional 2-3% optional tax dictated by local municipalities.

Note: the distance measured must be from the public entrance of the cannabis establishment to the outer boundaries of the school grounds and youth centers; distance to religious services and correctional facility shall be measured as public entrance to public entrance

Uses: Retail, Cultivation, Manufacturing, Testing

Distance Requirement: No licensed establishment will be located within 500 feet of a school ground. Recreation or youth center, building in which religious services are conducted, or a correctional facility.

Note: the distance measured must be from the public entrance of the cannabis establishment to the outer boundaries of the school grounds and youth centers; distance to religious services and correctional facility shall be measured as public entrance to public entrance

Arizona Market Analysis

Visit CREC Portal for more information on Arizona Real Estate.

Trusted Cannabis Professionals from CREC Directory

View the CREC Directory for our personally vetted and highly recommended professional service providers.

Armanino LLP
Armanino is one of the 25 largest U.S. accounting and consulting firms. We are one of the few big firms that serve […]
Type:
Cannabis Accountants

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Add Your Business...
Contact us to add your business as a recommended service provider.
Type:
Cannabis Attorneys, Cannabis Accountants, Cannabis Insurance

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Rair Capital, LLC.
A Lending Platform for Commercial Borrowers. Rair Capital’s commercial lending platform has the resources in plac […]
Type:
Cannabis Financing

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Corbco Ventures, ...
Corbco Ventures is your modern-day commercial real estate development and investment firm. Corbco Ventures is a u […]
Type:
Cannabis CRE Development & Investment

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How CREC Team Gets The Deal Done!

We now offer a full suite of services for cannabis industry professionals, entrepreneurs, service providers, real estate agents and brokers to successfully find viable cannabis real estate properties.

CREC Network of Brokerage Professionals

Gain the advanced knowledge, improve your listings awareness, and access a professional network essential for closing sales in the cannabis industry.

Cannabis Compliance Services

Ask us anything! Our compliance team will quickly improve your ability to safely execute cannabis business transactions or to evaluate your current operations.

CREC Technology Portal

Access the same interactive tools our real estate brokers use to research new locations for viable cannabis properties. Get your access today!

CREC Business Directory

Growing network of vetted cannabis professionals from attorneys to insurance to real estate agents. CREC Directory to be released soon!

Available Arizona Cannabis Business & Property Listings

Review our upcoming Arizona cannabis real estate for sale or lease below. We also have pending businesses in Arizona for sale with a cannabis license. Contact us for more information and sign up to be a buyer or a seller on our website to get started with your upcoming property in the state of Arizona.

We can help you find a property in our network, even if not listed in our online inventory. Ask us how!

How Can We Help Your Arizona Cannabis Real Estate Search?