Arkansas Cannabis Sales Hit $1B Milestone After Record 2023

Marijuana plants grow in the River Valley Relief facility in Fort Smith. (Beth Hall)

Medical marijuana is now officially a billion-dollar business in Arkansas.

Sales of medicinal cannabis products totaled $283 million in 2023, a new record, surpassing the $276 million total from 2022.

“In late 2023, Arkansas’ medical marijuana industry surpassed $1 billion in total sales since the first dispensary opened for business” in May 2019, said Scott Hardin, spokesperson for the Arkansas Department of Finance and Administration. “From $31 million in sales in 2019 to $283 million in 2023, the industry has grown each year. The $25.6 million spent in December was the largest monthly amount in 2023.”

The $25.6 million December number totaled 6,139 pounds of cannabis. November’s $23.3 million in sales included 5,682 pounds.

The state reaped $31 million in taxes on marijuana sales last year, revenue from both the 6.5% state sales tax on cannabis and a 4% privilege tax on producers. The industry has contributed more than $120 million in taxes since 2019. Arkansas has 38 medical marijuana dispensaries, eight cultivators and nine licensed processors.

Suite 443 in Hot Springs led dispensaries in 2023 with 6,279 pounds sold. Natural Relief Dispensary in Sherwood was next with 5,647 pounds sold.

The Arkansas Department of Health says 97,374 medical marijuana cards are active now, up from 89,855 in January of last year.

Sales for December 2023

• Suite 443 (Hot Springs, opened May 10, 2019) sold 566.43 pounds of medical marijuana in December.
• Green Springs Medical (Hot Springs, opened May 12, 2019) sold 229.91 pounds of medical marijuana in December.
• Arkansas Natural Products (Clinton, opened June 20, 2019) sold 83.93 pounds of medical marijuana in December.
• Greenlight Dispensary (Helena, opened June 27, 2019) sold 35.50 pounds of medical marijuana in December.
• Good Day Farm Hensley (formerly Native Green Hensley opened July 2, 2019) sold 49.54 pounds of medical marijuana in December.
• Fiddler’s Green (Mountain View, opened July 11, 2019) sold 104.38 pounds of medical marijuana in December.
• The Releaf Center (Bentonville, opened August 7, 2019) sold 216.74 pounds of medical marijuana in December.
• The Source (Bentonville, opened August 15, 2019) sold 263.02 pounds of medical marijuana in December.
• The Hill (Fayetteville, formerly Acanza, opened September 14, 2019) sold 212.22 pounds of medical marijuana in December.
• Harvest (Conway, opened October 11, 2019) sold 247.17 pounds of medical marijuana in December.
• Purspirit Cannabis (Fayetteville, opened November 20, 2019) sold 286.86 pounds of medical marijuana in December.
• NEA Full Spectrum (Brookland, opened December 9, 2019) sold 189.59 pounds of medical marijuana in December.
• 420 Dispensary (Russellville, opened December 17, 2019) sold 111.56 pounds of medical marijuana in December.
• The Greenery (Fort Smith, opened December 18, 2019) sold 141.27 pounds of medical marijuana in December.
• Good Day Farm Texarkana (formerly Red River Remedy, opened January 10, 2020) sold 72.50 pounds of medical marijuana in December.
• SuperFarm (Texarkana, formerly Bloom Medicinals, opened January 15, 2020) sold 59.91 pounds of medical marijuana in December.
• Plant Family Therapeutics (Mountain Home, opened February 3, 2020) sold 150.09 pounds of medical marijuana in December.
• Berner’s by Good Day Farm  (Little Rock, opened February 14, 2020) sold 210.43 pounds of medical marijuana in December.
• Greenlight Little Rock (formerly Curaleaf, opened February 26, 2020) sold 124.66 pounds of medical marijuana in December.
• Custom Cannabis (Alexander, opened March 5, 2020) sold 222.03 pounds of medical marijuana in December.
• Natural Relief Dispensary (Sherwood, opened March 17, 2020) sold 517.73 pounds of medical marijuana in December.
• Body and Mind Dispensary (West Memphis, opened April 27, 2020) sold 134.74 pounds of medical marijuana in December.
• Delta Cannabis (West Memphis, opened July 1, 2020) sold 198.62 pounds of medical marijuana in December.
• Good Day Monticello (Monticello, opened July 4, 2020) sold 75.26 pounds of medical marijuana in December.
• Enlightened Cannabis for People (Arkadelphia, opened July 16, 2020) sold 36.14 pounds of medical marijuana in December.
• Enlightened Cannabis for People (Heber Springs, opened July 17, 2020) sold 105.21 pounds of medical marijuana in December.
• Enlightened Cannabis for People (Morrilton, opened August 3, 2020) sold 83.08 pounds of medical marijuana in December.
• Enlightened Cannabis for People (Clarksville, opened August 7, 2020) sold 71.12 pounds of medical marijuana in December.
• Greenlight West Memphis (West Memphis, opened August 26, 2020) sold 77.86 pounds of medical marijuana in December.
• High Bank Cannabis (Pine Bluff, opened October 9, 2021) 282.32 pounds of medical marijuana in December.
• Zen Leaf (El Dorado, opened October 22, 2020) sold 129.55 pounds of medical marijuana in December.
• Spring River Dispensary (Hardy, opened January 7, 2021) sold 132.24 pounds of medical marijuana in December.
• Good Day Farm Cantrell (formerly Native Green Little Rock, opened May, 6, 2021) sold 72.75 pounds of medical marijuana in December.
• Hash Co. (Pine Bluff, opened June 18, 2021) sold 17.30 pounds of medical marijuana in December.
• Osage Creek Dispensary (Eureka Springs, opened June 18, 2021) sold 80.53 pounds of medical marijuana in December.
• The Treatment Cannabis Dispensary (Pine Bluff, opened July 1, 2021) sold 70.02 pounds of medical marijuana in December.
• CROP (Jonesboro, opened September 21, 2021) sold 359.49 pounds of medical marijuana in December.
• Good Day Farm Van Buren (opened March 7, 2022) sold 117.68 pounds of medical marijuana in December.

Combined, this is 6,139 pounds sold in December.

Sales for November 2023

• Suite 443 (Hot Springs, opened May 10, 2019) sold 531.25 pounds of medical marijuana in November.
• Green Springs Medical (Hot Springs, opened May 12, 2019) sold 225.62 pounds of medical marijuana in November.
• Arkansas Natural Products (Clinton, opened June 20, 2019) sold 71.01 pounds of medical marijuana in November.
• Greenlight Dispensary (Helena, opened June 27, 2019) sold 32.73 pounds of medical marijuana in November.
• Good Day Farm Hensley (formerly Native Green Hensley opened July 2, 2019) sold 48.64 pounds of medical marijuana in November.
• Fiddler’s Green (Mountain View, opened July 11, 2019) sold 102.02 pounds of medical marijuana in November.
• The Releaf Center (Bentonville, opened August 7, 2019) sold 241.10 pounds of medical marijuana in November.
• The Source (Bentonville, opened August 15, 2019) sold 241.36 pounds of medical marijuana in November.
• The Hill (Fayetteville, formerly Acanza, opened September 14, 2019) sold 179.16 pounds of medical marijuana in November.
• Harvest (Conway, opened October 11, 2019) sold 227.75 pounds of medical marijuana in November.
• Purspirit Cannabis (Fayetteville, opened November 20, 2019) sold 285.76 pounds of medical marijuana in November.
• NEA Full Spectrum (Brookland, opened December 9, 2019) sold 160.29 pounds of medical marijuana in November.
• 420 Dispensary (Russellville, opened December 17, 2019) sold 98.36 pounds of medical marijuana in November.
• The Greenery (Fort Smith, opened December 18, 2019) sold 128.66 pounds of medical marijuana in November.
• Good Day Farm Texarkana (formerly Red River Remedy, opened January 10, 2020) sold 75.42 pounds of medical marijuana in November.
• SuperFarm (Texarkana, formerly Bloom Medicinals, opened January 15, 2020) sold 55.56 pounds of medical marijuana in November.
• Plant Family Therapeutics (Mountain Home, opened February 3, 2020) sold 141.00 pounds of medical marijuana in November.
• Berner’s by Good Day Farm  (Little Rock, opened February 14, 2020) sold 206.44 pounds of medical marijuana in November.
• Greenlight Little Rock (formerly Curaleaf, opened February 26, 2020) sold 109.76 pounds of medical marijuana in November.
• Custom Cannabis (Alexander, opened March 5, 2020) sold 157.95 pounds of medical marijuana in November.
• Natural Relief Dispensary (Sherwood, opened March 17, 2020) sold 472.98 pounds of medical marijuana in November.
• Body and Mind Dispensary (West Memphis, opened April 27, 2020) sold 124.69 pounds of medical marijuana in November.
• Delta Cannabis (West Memphis, opened July 1, 2020) sold 212.43 pounds of medical marijuana in November.
• Good Day Monticello (Monticello, opened July 4, 2020) sold 65.54 pounds of medical marijuana in November.
• Enlightened Cannabis for People (Arkadelphia, opened July 16, 2020) sold 32.83 pounds of medical marijuana in November.
• Enlightened Cannabis for People (Heber Springs, opened July 17, 2020) sold 92.45 pounds of medical marijuana in November.
• Enlightened Cannabis for People (Morrilton, opened August 3, 2020) sold 68.18 pounds of medical marijuana in November.
• Enlightened Cannabis for People (Clarksville, opened August 7, 2020) sold 62.28 pounds of medical marijuana in November.
• Greenlight West Memphis (West Memphis, opened August 26, 2020) sold 59.24 pounds of medical marijuana in November.
• High Bank Cannabis (Pine Bluff, opened October 9, 2021) sold 302.79 pounds of medical marijuana in November.
• Zen Leaf (El Dorado, opened October 22, 2020) sold 115.99 pounds of medical marijuana in November.
• Spring River Dispensary (Hardy, opened January 7, 2021) sold 120.25 pounds of medical marijuana in November.
• Good Day Farm Cantrell (formerly Native Green Little Rock, opened May, 6, 2021) sold 61.31 pounds of medical marijuana in November.
• Hash Co. (Pine Bluff, opened June 18, 2021) sold 13.45 pounds of medical marijuana in November.
• Osage Creek Dispensary (Eureka Springs, opened June 18, 2021) sold 81.75 pounds of medical marijuana in November.
• The Treatment Cannabis Dispensary (Pine Bluff, opened July 1, 2021) sold 63.56 pounds of medical marijuana in November.
• CROP (Jonesboro, opened September 21, 2021) sold 304.95 pounds of medical marijuana in November.
• Good Day Farm Van Buren (opened March 7, 2022) sold 107.51 pounds of medical marijuana in November. 

Combined, this is 5,682 pounds sold in November.