Arkansas Total Medical Cannabis Sales Hit $447M Since 2019

Worth $447 million and weighing close to 67,000 pounds, Arkansas’ total medical cannabis sales have generated $45 million in tax revenue since dispensaries opened in 2019.

Full story after the jump.

Arkansas medical cannabis dispensaries have sold nearly 67,000 pounds of cannabis since sales first launched in May 2019, according to a KUAR report. Worth $447 million and weighing 66,994 pounds, the haul has brought the state $45 million in tax revenue.

Using data from the Arkansas Department of Finance and Administration, KUAR found the state’s 78,585 active patients bought 3,527 pounds of cannabis from 37 dispensaries in October. The Relief Center dispensary in Bentonville was the state’s first to surpass the 7,000 pounds mark and leads the pack with the most total sales. Natural Relief Dispensary in Sherwood sold the most in October with 332.27 pounds, the report says.

Here is a closer look at the top five dispensaries in Arkansas, according to KUAR.

  • Relief Center – Bentonville – 7,030.66 pounds; 332.17 pounds in October
  • Green Springs Medical – Hot Springs – 5,105.98 pounds; 166.87 pounds in October
  • Natural Relief Dispensary – Sherwood – 5,024.54 pounds; 332.27 pounds in October
  • Suite 443 – Hot Springs – 4,529.16 pounds; 273.54 pounds in October
  • Acanza – Fayetteville – 4,100.2 pounds; 157.23 pounds in October

Arkansas voters passed an initiative to establish a medical cannabis program in 2016 with 53% of the vote. The majority of the tax money collected from medical cannabis sales goes to the University of Arkansas for Medical Sciences National Cancer Designation Trust Fund.

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