This Tempe pot business named one of fastest growing companies … – Phoenix New Times

Inc. magazine recently revealed its annual Inc. 5000, a prestigious ranking of the nation’s fastest-growing private companies, and one local cannabis business made an astounding debut near the top of the list.

Tempe-based Sonoran Roots was ranked No. 10 out of 5,000 companies nationwide. It also is the No. 1 Arizona-based company on the list and the top-ranked business in the Health Products category.

“It’s definitely a huge honor” to be included on the list, said Michael O’Brien, CEO and co-founder of Sonoran Roots. “We knew we were growing fast, but we didn’t know exactly how fast relative to everyone else.”

According to the magazine, companies on the Inc. 5000 2023 list are ranked on percentage of revenue growth from 2019 to 2022. Sonoran Roots had a staggering three-year sales growth of 24,397%. The average median growth for all companies on the list was 219%.

Sonoran Roots opened its first cultivation facility in 2020 in Mesa.   Courtesy Sonoran Roots” class=”uk-display-block uk-position-relative uk-visible-toggle”> click to enlarge

Sonoran Roots opened its first cultivation facility in 2020 in Mesa.

Courtesy Sonoran Roots

Locally owned success story Sonoran Roots, a seed-to-sale craft cannabis operator, was

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