![Yul | Adobe Stock](/remote/aHR0cHM6Ly9naWVjZG4uYmxvYi5jb3JlLndpbmRvd3MubmV0L2ZpbGV1cGxvYWRzL2ltYWdlLzIwMjIvMDEvMTAvYXJrYW5zYXNmbGFnLWFkb2Jlc3RvY2stY3JlZGl0LXl1bC1yZXNpemVkLmpwZw.92uCEPAZqL0.jpg?w=948&h=533&format=webp&mode=pad&anchor=middlecenter&scale=both&bgcolor=F0F1F2)
Yul | Adobe Stock
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.
Latest from Cannabis Business Times
- USC Athletics, Cookies Announce Trailblazing CBD Partnership for College Football, Basketball Sponsorship
- Trulieve Set to Open Medical Cannabis Dispensary in Clearwater
- Kentucky’s Medical Cannabis Program Attracts 5K License Applicants
- AYR Wellness Awarded Virginia’s HSA I Vertical Cannabis License
- Navigating the Green Line: How to Balance Selling and Profitability in Cannabis Retail
- DCC’s ‘Inadequate Oversight’ of $100M Undermined California Licensing Program for Cannabis Growers
- High Tide to Open Canna Cabana Store in Lucan, Ontario
- Whitney Economics Reduces 2030 Hemp Fiber and Grain Acreage Forecast by 4.5 Million Acres