Hundreds in Arizona spend $25,000 each to enter cannabis license lottery

MJBizDaily
By John SchroyerMar 11, 2021, 3:20 pm241 pts
Nearly 400 hopeful cannabis entrepreneurs ponied up $25,000 apiece for a shot at an upcoming business license lottery, which will determine the winners of 13 new permits. According to the Arizona Republic, the state Department of Health Services received 377 competing applications as of the Tuesday deadline for…

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