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Arkansas Medical Cannabis Sales Surpass $500 Million
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Arkansas’ 37 operating medical cannabis dispensaries have sold more than $500 million worth of cannabis since the first retailers opened in May 2019, according to a FOX 16 report.
Data from the Arkansas Department of Finance and Administration shows that patients purchased more than 40,000 pounds of medical cannabis in 2021, the news outlet reported.
The state has collected roughly $34 million in tax revenue generated from the sales, according to FOX 16.
RELATED: Arkansas Medical Cannabis Sales Hit $447 Million
Arkansas voters approved medical cannabis legalization in 2016, and there are currently more than 79,000 registered patients in the state, FOX 16 reported.