Twenty-Nine Palms Band opens 3rd cannabis dispensary

The Twenty-Nine Palms Band of Mission Indians has expanded its cannabis operations with the opening of its third Red Falcon Tribal dispensary in Yucca Valley, Calif, marking continued growth in tribal cannabis enterprises nationwide.

The new dispensary, which opened December 7 on sovereign reservation land along California’s Route 62, joins existing locations in Twentynine Palms and Coachella. The Coachella facility includes a food and beverage lounge with outdoor patio space, which the tribe identifies as the first of its kind in the United States.

The expansion comes as tribal participation in the cannabis industry continues to grow. Approximately 85 tribes are currently involved in cannabis operations through regulation, cultivation, testing, processing or retail nationwide, according to Mary Jane Oatman (Nez Perce), founder and executive director of the Indigenous Cannabis Industry Association. The list of tribes getting into the cannabis business is “growing like a weed,” Oatman wrote in a text to Tribal Business News.

The broader U.S. cannabis market was valued at $33.6 billion in 2023 and is projected to grow at a compound annual growth rate of 12.1% through 2030, according to San Francisco-based Grand View Research.

https://tribalbusinessnews.com/sections/food-agriculture/14925-twenty-nine-palms-band-opens-3rd-cannabis-dispensary-amid-growing-tribal-market

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