State's medical marijuana sales cross $330 million mark – ktlo.com



   

A surge in medical marijuana purchases has pushed Arkansas’ medical marijuana market to more than $330 million in overall sales, including at three dispanseries in north central Arkansas.

Figures released by the Arkansas Medical Marijuana Commission indicate that since the state’s first dispensary opened in mid-2019, Arkansans have spent $330.4 million to purchase 48,914 pounds of medical marijuana. Total sales are expected to pass 50,000 pounds later this month.

In May, Arkansans spent $26.9 million to purchase 3,628 pounds of cannabis. That is an increase of $8.4 million in sales compared to April, which saw Arkansans spend $18.5 million to purchase 2,517 pounds.

Locally, Plant Family Therapeutics in Mountain Home has sold 2,672.8 pounds since opening in February of last year. Fiddler’s Green in Mountain View has sold 2,553.49 pounds since opening in July, 2019. Spring River Dispensary opened in January of this year and has sold 253.55 pounds.

Bentonville’s The Releaf Center is the first dispensary in the state to reach 5,000 pounds in sales. Since opening in August 2019, The Releaf Center has sold more than 5,249 pounds of medical marijuana to patients.

There are currently 33 dispensaries in operation throughout Arkansas, with five more working toward opening their doors. Dispensaries yet to open include 3J Investments in Lamar, Natural Root Wellness in Fayetteville, Pine Bluff Agricueticals, Missco Cannabis in Jonesboro and Natures Herbs and Wellness in Pine Bluff. Pine Bluff Agricueticals will open for business later month.

The Arkansas Department of Health reports 77,029 active medical marijuana patient cards. That is an increase of 476 cardholders from the numbers reported last month.

Below is the full report of total medical marijuana sales through June 3.

Since Suite 443 (Hot Springs) first opened on Friday, May 10, 2019, the

Read More Here...

Share on facebook
Share on twitter
Share on reddit
Share on pinterest
Share on email

Leave a comment

Your email address will not be published. Required fields are marked *