Arizona Cannabis Cultivation & Production Lease Opportunity
iLAVA of Arizona owns 100% of a cultivation and processing license and is currently requesting proposals for a well-funded group with cultivation experience to enter one of America's top cannabis markets. Our ideal partner must be focused on quality control, compliance, and experienced with cannabis cultivation and production operations.
The Arizona medical marijuana program and upcoming adult use initiative do not limit cultivation canopy size or limit plant count. Arizona's population is over 7.2 million as of 2019.
Over 190,000 lbs. of medical marijuana is sold per year in the Arizona cannabis market. In May 2020, cannabis sales in Arizona's medical dispensaries reached $93 million, growing seven percent from April.
There are currently over 245,000 registered medical marijuana patients in Arizona and patient cards are valid for 2 years.
The iLAVA management team opened The Downtown Dispensary in 2013 which has won Best of Tucson® in 2015, 2016, 2017, and 2019. We won another Arizona medical marijuana license in 2016 and opened D2 Dispensary in the fall of 2017.
The iLAVA team currently operates both dispensaries and an industrial medical marijuana cultivation/production facility with 120+ employees in Tucson. iLAVA products are also distributed in 80+ dispensaries statewide including the bestselling topical in Arizona, iLAVA Touch, in addition to our vape cartridges & extracts.
Arizona currently has 126 operating dispensaries statewide.
Due to Arizona's medical marijuana laws and our internal practices, any eligible individuals must be able to pass a criminal background check and provide proof of funding upon request.
This opportunity is being listed by the iLAVA principals (Moe Asnani & Chip Boyden) and not by a broker or third party.