Arkansas is closing in on $300 million in medical marijuana sales since the state saw its first dispensary open in mid-2019.
According to the Arkansas Medical Marijuana Commission, there have been $285 million in sales to date, as of April 13. Dispensaries across the state have sold roughly 42,769 pounds of medical marijuana.
In 2021 alone, Arkansas dispensaries have sold roughly $67 million worth of medical marijuana. The Medical Marijuana Commission reported in January 2020 that the state had recorded $218.1 million in sales at that point in time (Jan. 13, 2021).
With 38 licensed dispensaries, there are 32 active dispensaries in operation. These dispensaries are catering to 74,770 Arkansans holding active medical marijuana patient cards. The Medical Marijuana Commission estimated that patients are spent an average of $880,000 per day on medical marijuana products.
The Releaf Center in Bentonville has sold the most medical marijuana in Arkansas and is the only dispensary to have sold more than 4,000 pounds. The Releaf Center has sold 4,618.88 pounds of medical marijuana since opening in August 2019.
One company, Green Springs Medical of Hot Springs, has sold more than 3,000 pounds. The company has sold 3,888.40 pounds since opening in May 2019.
Ten companies – excluding Releaf Center and Green Springs Medical – have sold 2,000 or more pounds. These include Suite 443 of Hot Springs, Native Green Hensley of Hensley, Fiddler’s Green of Mountain View, The Source of Bentonville, Acanza of Fayetteville, Harvest of Conway, Purspirit Cannabis of Fayetteville, NEA Full Spectrum of Brookland, Plant Family Therapeutics of Mountain Home, and Natural Relief Dispensary of Sherwood.
The Medical Marijuana Commission will be holding a meeting on Monday, April 19 at 4:30 p.m.