Arkansas Medical Cannabis Sales Surpass $300M

Arkansas-Medical-Cannabis-Sales-Surpass-300M.jpg

Medical cannabis sales in Arkansas have surpassed $300 million since sales began in mid-2019, representing an average $885,000 in sales per day, according to Arkansas Medical Marijuana Commission figures outlined by KTLO.

In all, 45,286 pounds of medical cannabis has been sold in the state. Last month, dispensaries sold 2,517 pounds of cannabis reaching $18.5 million in sales.

In Arkansas, there are 32 dispensaries serving the states 76,553 active medical cannabis patients. The number of patients represents a 9,915 patient increase from April. Ultimately, the state will allow 33 dispensaries total.

Last year, amid stay-at-home orders in the state brought on by the coronavirus, the state saw a spike in medical cannabis purchases with Arkansas making the maximum 2.5-ounce purchase every two weeks. At that time, just 22 dispensaries were operational. As of May 7, 2020, the state had sold about $73 million worth of medical cannabis, which equates to about 11,000 pounds.

The Releaf Center, located in Bentonville, led all dispensaries in per-pound sales with 4,863 since they opened in August 2019. The next highest volume retailer was Green Springs Medical, in Hot Springs with opened in May 2019, with 4,007 pounds.

The daily average Arkansans are spending on medical cannabis purchases – $885,000 – is an increase of $5,000 compared to figures reported last month.

Originally Published on 2021 05 13 by TG Branfalt | Ganjapreneur.com


Thank you for joining us today for our latest news post. If you have any questions or comments about this post, we’d love to hear from you in the comments! Join the FindHempCBD.com newsletter to stay up to date on the latest Industry News and keep an eye out for our next news article!


Disclaimer: This content was sourced from Ganjapreneur.com and republished to our website to add value and additional content for our readers. In order to maintain the safety, functionality, and integrity of FindHempCBD.com, the sourced content may have been altered. To access the original content, please click the link below:
https://www.ganjapreneur.com/arkansas-medical-cannabis-sales-surpass-300m/

Share:

Share on email
Share on facebook
Share on twitter
Share on pinterest
Share on linkedin
Share on reddit
Share on tumblr
The Editor

The Editor

FindHempCBD.com is the internet's largest CBD stores directory. Browse 100s of CBD businesses, find CBD near you, and more!
mood_bad
  • Comments are closed.
  • Sign Up For Our Newsletter

    Stay informed with the latest articles on our CBD blog

    Related Posts

    CBD hemp oil, Hand holding bottle of Cannabis oil against Marijuana plant. Herbal Treatment, Alternative Medicine

    How CBD Can Help You

    With more and more CBD products entering the market every year, the CBD industry is growing at a rapid pace. The industry is projected to

    Pin It on Pinterest

    Share This

    Share this post with your friends!