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    Medical marijuana sales up more than 6% through June

    Arkansas’ 37 licensed medical marijuana dispensaries sold $144.217 million in the first six months of 2025, up 6.4% compared with sales with the same period of 2024, according to the Arkansas Department of Finance and Administration (DFA).

    “This is an increase of approximately $8.7 million from the same period in 2024,” noted the report from DFA spokesman Scott Hardin. “Overall pounds sold in 2025 total 38,793, an increase of 2,658 pounds from year to year.”

     

    The Arkansas Department of Health reports 110,539 active patient cards as of the June report, up 0.62% compared with May, and up 13.5% compared with the 97,374 to begin 2024.

    According to the DFA, more than $2.76 million in state tax revenue was collected in June from medical marijuana, which brings total state tax revenue on medical marijuana to $16.19 million for 2025.

    Following are the top five dispensaries, among the state’s 37 licensed dispensaries, for pounds sold in June.
    • Suite 443 (Hot Springs): 675.91 pounds
    • Natural Relief (Sherwood): 606.87
    • Harvest (Conway): 390.38
    • CROP (Jonesboro): 371.83
    • Custom Cannabis (Alexander): 337.83

    Following are the annual sales since 2019 when medical marijuana sales began in Arkansas.
    2024: $275.9 million
    2023: $283 million
    2022: $276.3 million
    2021: $264.9 million
    2020: $181.8 million
    2019: $31.32 million

    The constitutional amendment legalizing medical marijuana for 17 qualifying conditions and creating a state medical marijuana commission was approved by Arkansas voters 53% to 47% in November 2016.

    Taxes collected are 6.5% of regular state sales tax with each purchase by a patient and a 4% privilege tax on sales from cultivators to dispensaries. Most of the tax revenue is placed in the University of Arkansas for Medical Sciences National Cancer Designation Trust Fund. The state also collects a cultivator privilege tax, which means tax revenue is not always tied to how much product is bought by consumers at dispensaries and the price for the product sold to dispensary customers.

     

    by Talk Business & Politics

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