PHOENIX (AZFamily) — Arizona’s cannabis industry is seeing a dip in revenue for the second year in a row. But industry leaders say sales aren’t slowing down, just the prices.

Overall, revenue earned from marijuana sales is down more than 10% compared to last year,

“We’re in eight different markets, and this is probably one of the strongest markets that we operate in,” said Raul Molina with Mint Cannabis , adding that demand has remained steady.

Mint has been in the business since 2017 and is one of the largest dispensaries in the state of Arizona. Molina attributes the revenue decline not to fewer customers, but to increased competition and supply.

“We haven’t seen a drop in how much cannabis people are buying,” he said. “As the state matures and everybody starts opening their culti

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