Arkansas Medical Cannabis Sales Hit $200 Million This Year

Arkansas’ medical cannabis sales have hit $200 million this year, with patients spending $23.9 million at the state’s 38 licensed dispensaries in September, according to a local KNWA report.

Patients purchased 4,571 pounds of medical cannabis last month, the news outlet reported, and The Natural Relief Dispensary in Sherwood reported the most sales, with 431 pounds sold.

There are 92,035 patients enrolled in the medical cannabis program, according to KNWA.

“Patients spent approximately $800,000 daily in September on medical marijuana purchases,” Scott Hardin, a spokesperson for the Arkansas Department of Finance and Administration, told the news outlet. “Additionally, 4,571 pounds is the largest month for sales in 2022. Through the first nine months of 2022, patients have spent $205 million to obtain 36,600 pounds of medical marijuana. We anticipate 2022 sales will surpass the $264.9 million spent in 2021.”

RELATED: Arkansas Medical Cannabis Sales Top $23 Million in August

An adult-use cannabis legalization measure will go before voters in the November election, and a recent study from the Arkansas Economic Development Institute projects annual adult-use sales averaging as high as $681.7.