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Arizona pending changes for for profit cannabis

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Joined: 2 years ago
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Anyone Have any updates on the supposed changes in corporate structure allowed in Arizona to allow for profit cannabis vertical businesses like Vext? Then they can rearrange their corporate structure to be more like other states.

D. H. Taylor reacted
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Joined: 3 years ago
Posts: 1361

My understanding is this change is still being worked on.  I think the panel that deals with this is "working" on it but, it is to be moving forward.

In the meantime, VEXT Sciences VEXTF stock is likely to end up in my Top Picks section as well they have 5 new states they are beginning relationships in.  That will translate to growth outside of the state of AZ.  

Ultimately, AZ will convert so, I don't see that as a huge hurdle.  After all, Trulieve just bought up Harvest and they would have figured this into the equation.  


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