Of the 33 states that have legalized medical marijuana, widely different paths have been taken in regulating the industry that is estimated to have generated $8.3 billion in 2020, a figure expect to grow to $25 billion by 2025, according…
medical marijuana
- AgricultureAMP NewsBusinessHealth & ScienceHealth CarePolitics
Medical Marijuana Sales an Economic Juggernaut, But Some Patients Say Prices Too High
The medical marijuana program in Arkansas has been an economic success story with sales of $258 million from between mid-2019 when the first dispensary opened through March. Sales are averaging $716,900 per day. But patient proponents say people have to…
- AMP NewsBusinessHealth CarePolitics
Medical Marijuana Sales Top $218 Million Since 2019
by Tyler Haleby Tyler HaleArkansas has recorded approximately $218.1 million in medical marijuana sales since 2019, according to the latest Arkansas Medical Marijuana Commission revenue report. Total medical marijuana sales have increased by more than $17 million in the past month. In the previous…
- AMP NewsBusinessPolitics
Applications Open for Medical Marijuana Processor and Transporter Licenses
by Tyler Haleby Tyler HaleSince the passing of the Arkansas Medical Marijuana Amendment of 2016, the state’s medical marijuana industry has steadily grown. Around the state, there are 31 operating dispensaries that are selling medical marijuana, while another seven dispensary companies have licenses and…
- AgricultureAMP NewsBusiness
Total Medical Marijuana Sales Rise to $143 Million
by Tyler Haleby Tyler HaleIn Arkansas, medical marijuana sales have reached approximately $143 million since mid-2019. The Arkansas Department of Finance and Administration (DFA) released its latest revenue report, showing that 22,530 pounds of medical marijuana have been sold since May 2019. This is…
- AgricultureAMP NewsHealth & Science
Medical Marijuana Sales Top $131 Million Since May 2019
by Tyler Haleby Tyler HaleMedical marijuana sales in Arkansas have topped $131 million since dispensaries first opened in 2019. The Arkansas Department of Finance and Administration (DFA) reported that there have been $131,779,378 million in medical marijuana sales since May 2019. In total, Arkansans…
- AgricultureAMP NewsBusiness
Medical Marijuana Sales Top $120 Million Since Dispensary Openings
by Tyler Haleby Tyler HaleMedical marijuana sales have topped $120 million in Arkansas since dispensaries were first opened in 2019. In total, $122 million has been spent on the substance. According to the Arkansas Department of Finance and Administration (DFA), there are currently 33…
Little Rock will soon have another medical marijuana dispensary, Native Green Wellness, for patients by the end of this year. According to owners Walter Koon and Kattie Hansen, the new dispensary will be at 3720 Cantrell Road. “The location that…
- AgricultureAMP NewsBusiness
Dispensary Owner Jeff Starling Sees Bright Future for Medical Cannabis in NWA
by Bailey Whiteby Bailey WhiteWhen you close your eyes and picture Northwest Arkansas, what do you see? For many, the Razorbacks, Ozark Mountain views, Fortune 500 giants and more NWA staples come to mind. But for a budding breed of innovators, a green, flowering…
- AMP NewsBusiness
Arkansas Medical Marijuana Commission Awards Two Cultivation Licenses, Four Dispensary Licenses
by AMP Staffby AMP StaffTwo companies have received marijuana cultivation licenses after an Arkansas Medical Marijuana Commission meeting on Tuesday evening. The two companies are River Valley Relief, based in Fort Smith, and New Day Cultivation, based in Hot Springs. These represent the final…