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Arkansas medical marijuana sales total $264.9 million in 2021

cannamed by cannamed
January 8, 2022
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Eligible Arkansans spent $264.9 million on medical marijuana in 2021 with the state’s 37 licensed dispensaries, and gross sales lately surpassed $500 million because the first dispensaries had been opened in Might 2019.

Tax income from gross sales since 2019 totals $57.349 million, with $34.5 million of that collected in 2021. The info was supplied by the Arkansas Division of Finance and Administration, the guardian company of the Arkansas Medical Marijuana Fee.

Taxes collected are 6.5% of standard state gross sales tax with every buy by a affected person, and a 4% privilege tax on gross sales from cultivators to dispensaries. Many of the tax income is positioned within the College of Arkansas for Medical Sciences Nationwide Most cancers Designation Belief Fund.

In accordance with the report, the 37 dispensaries offered 40,347 kilos of medical marijuana in 2021. The Releaf Middle (Bentonville) was the highest promoting dispensary for the yr at 4,012 kilos. In accordance with the report, the Arkansas Division of Well being stories 79,476 energetic medical marijuana affected person playing cards.

Following are the highest 10 dispensaries primarily based on medical marijuana gross sales in 2021.
• Releaf Middle (Bentonville), first opened Aug. 7, 2019: 4,012 kilos
• Pure Reduction Dispensary (Sherwood), March 17, 2020: 3,682 kilos
• Suite 443 (Scorching Springs), first opened Might 10, 2019: 2,899 kilos
• Plant Household Therapeutics (Mountain Dwelling), first opened Feb. 3, 2020: 2,596 kilos
• NEA Full Spectrum (Brookland), first opened Dec. 9, 2019: 2,200 kilos
• Purspirit Hashish (Fayetteville), opened Nov. 20, 2019: 1,968 kilos
• Inexperienced Springs Medical (Scorching Springs), opened Might 12, 2019 1,924 kilos
• Harvest (Conway) opened Oct. 11, 2019: 1,903 kilos
• Fort Hashish (Fort Smith), opened Dec. 18, 2019: 1,603 kilos
• The Supply (Bentonville), opened Aug. 15, 2019: 1,520 kilos

The constitutional modification legalizing medical marijuana for 17 qualifying situations and making a state medical marijuana fee, was accredited by Arkansas voters 53% (585,030) to 47% (516,525) in November 2016.



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