Arizona could get another shot at marijuana legalization and it could help the real estate market

Arizona could get another chance at legalizing marijuana.

And that could help the real estate market, according to one economic and commercial real estate expert.

Medical marijuana is legal in Arizona but voters turned down a legalization measure in 2016 even as similar measures have been approved by California, Nevada, Oregon, Washington and Colorado.

Now, Republican state lawmaker Todd Clodfelter of Tuscon — has introduced a ballot referendum (HCR 2037) that would ask voters whether they want…

Source: Arizona Business Journal