Arizona Marijuana Sales Top $1.2 Billion in 2024
- December saw $91 million in marijuana sales, with March as the top month at $127 million according to Headset research firm.
- Total marijuana sales in 2024 reached $1.2 billion, resulting in nearly $300 million in tax revenue for the state of Arizona.
- Recreational marijuana sales in Arizona began in 2020 after voters approved Proposition 207, legalizing marijuana for those 21 and older.
- The tax revenue from marijuana sales has contributed significantly to funding state programs in Arizona.
The year concluded with $91 million in sales recorded for December, while March stood out as the top month, bringing in $127 million, according to the research firm Headset. The $1.2 billion in marijuana sales in 2024 resulted in nearly $300 million in tax revenue for the state, according to the Arizona Department of Revenue.
Recreational marijuana sales in Arizona began after voters approved Proposition 207 in November 2020. This measure legalized marijuana for those aged 21 and older, allowing the purchase of up to one ounce of marijuana and up to five grams of concentrates from licensed marijuana retail outlets and dispensaries. Revenue generated from marijuana sales has significantly contributed to state programs. Arizona allocates its marijuana tax revenue as follows: