by Talk Business & Politics staff (staff2@talkbusiness.net)
Roughly two years after the first medical marijuana dispensary opened in Arkansas, the market has seen the sale of more than 50,000 pounds valued at $338.5 million, according to the Arkansas Department of Finance and Administration, the parent agency of the Arkansas Medical Marijuana Commission.
State taxes on the dispensary sales since May 2019 total just under $34 million. Most of the tax revenue is placed in the University of Arkansas for Medical Sciences National Cancer Designation Trust Fund.
Following are the top five of the state’s 33 dispensaries with the most medical marijuana sales.
• Releaf Center (Bentonville), first opened Aug. 7, 2019: 5,374.92 pounds
• Green Springs Medical (Hot Springs), first opened May 12, 2019: 4,238.69 pounds
• Natural Relief Dispensary (Sherwood), March 17, 2020: 3,475.65 pounds
• Suite 443 (Hot Springs), first opened May 10, 2019: 3,311.22 pounds
• Acanza (Fayetteville), first opened Sept. 14, 2019: 3,272.23 pounds