Arkansans have purchased more than 60,000 pounds of medical cannabis and have spent a total of $428 million at the state’s dispensaries since the first one opened in 2019, according to the Baxter Bulletin.
The state’s patients spent $30 million on 4,768 pounds of medical cannabis last month alone, the news outlet reported.
Arkansas has generated $49.9 million in revenue through a 6.5% state sales tax and a 4% privilege tax on medical cannabis products, with the state collecting $25 million of that revenue since Jan. 1, 2021, according to the Baxter Bulletin.
There are currently 37 dispensaries operating in Arkansas, the news outlet reported, and the state has reported 78,425 active medical cannabis patient cards, which is a decrease of 995 cardholders from numbers reported last month.
