Key Takeaways
- Earth’s Healing Tucson has been sold for approximately $31 million, marking a significant transition for the business.
- The sale includes ownership transfers of Earth’s Healing, Inc. and Globe Farmacy, Inc., with a long-term lease on a 140,000-square-foot cultivation facility.
- Vicky Puchi-Saavedra will retain involvement as a lender, while existing management will continue overseeing operations post-sale.
- Earth’s Healing continues retail operations at its South Tucson location, offering a variety of cannabis products and an online menu.
- The sale occurs amid changes in Arizona’s cannabis market, with evolving consumer demand and competition impacting established operators.
TUCSON, Arizona — Cannabis retailer Earth’s Healing, which operates dispensaries in Tucson, Arizona, has been sold in a deal valued at approximately $31 million, marking a new chapter for the established cannabis business.
The transaction, announced on April 27, 2026, included the sale of Earth’s Healing, Inc. and Globe Farmacy, Inc., which operates as Earth’s Healing North. The deal involved ownership transfers of the dispensary businesses and their retail real estate. The company’s approximately 140,000-square-foot cultivation facility was leased under a long-term arrangement.
Founded by Vicky Puchi-Saavedra, Earth’s Healing developed its presence in Tucson’s regulated cannabis market through its retail operations and cultivation activities. The business has served both medical marijuana patients and recreational cannabis consumers.
South Tucson Location Continues Retail Operations
Earth’s Healing South is located at 2075 East Benson Highway in Tucson, Arizona. The dispensary offers a range of cannabis products, including flower, pre-rolls, concentrates, vaporizers, edibles, tinctures and topical products.
Customers can browse its online menu and place orders for collection, subject to applicable state regulations and age requirements.
The retailer’s online presence also allows customers to explore available products and brands before visiting the store.
New Ownership, Continued Management
Following the sale, Puchi-Saavedra is expected to remain involved as a lender to the new owner, Jigar Patel, and affiliated entities.
Several members of the existing management team are also expected to continue overseeing key areas of the operation, including cultivation, extraction, laboratory testing and retail activities.
The arrangement could provide continuity for customers and employees while the business enters its next phase under new ownership.
A Changing Cannabis Market
The transaction comes amid ongoing changes in Arizona’s cannabis industry, where established operators face evolving consumer demand, pricing pressures and competition.
Earth’s Healing has previously invested in expanding its cultivation capacity, including a modern greenhouse facility designed to support production and product consistency.
The company’s combination of retail outlets and cultivation infrastructure has been an important part of its business model.
With the ownership transition, Earth’s Healing South remains a notable retail presence in Tucson’s cannabis market.
Location: Earth’s Healing South, 2075 E Benson Highway, Tucson, Arizona 85714
Telephone: (520) 373-5779
Website: https://earthshealing.org/
Sources: JointCommerce dispensary listing; transaction announcement published by Mondaq on April 27, 2026.
