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Arkansas Cannabis Sales Hit Annual Record

2 min read

Arkansas cannabis sales hit a new high in 2022, topping $276.3 million, making it the biggest year of sales since sales began in 2019, according to the state Department of Finance & Administration.

The department said patients in Arkansas purchased 50,547 pounds of medical cannabis last year from the state’s 38 dispensaries. The dollar total surpassed the previous record of $264.9 million in 2021.

“Overall, more than $753 million has been spent to purchase 123,650 pounds of medical marijuana since 2019,” DF&A spokesman Scott Hardin said in a email. “State tax revenue from medical marijuana totaled $32 million in 2022. This included $16.3 million from the state’s 6.5% sales tax along with $15.7 million from the 4% privilege tax.”

Hardin said both taxes apply to all patient purchases. But only the 4% privilege tax applies when a cultivator sells product to a dispensary.

The 2022 sales total and pounds sold indicate an average price of $5,466.20 per pound. That’s down from an average price of $6,565 per pound in 2021.

Natural Relief Dispensary in Sherwood sold the most cannabis in 2022, 5,029 pounds. Suite 443 in Hot Springs followed with 3,724 pounds.

The state Department of Health reported 89,855 active patient cards at the end of the year.

Cannabis Sales at Arkansas Dispensaries in 2022

Ranked by pounds sold

  1. Natural Relief Dispensary (Sherwood, opened March 17, 2020): 5,029.77 pounds.
  2. Suite 443 (Hot Springs, opened May 10, 2019): 3,724.69 pounds.
  3. The Releaf Center (Bentonville, opened Aug. 7, 2019): 3,670.75 pounds.
  4. CROP (Jonesboro, opened Sept. 21, 2021): 3,317.43 pounds.
  5. Green Springs Medical (Hot Springs, opened May 12, 2019): 2,534.08 pounds.
  6. Harvest (Conway, opened Oct. 11, 2019): 2,333.63 pounds.
  7. Plant Family Therapeutics (Mountain Home, opened Feb. 3, 2020): 2,242.87 pounds.
  8. Purspirit Cannabis (Fayetteville, opened Nov. 20, 2019): 2,190.42 pounds.
  9. Acanza (Fayetteville, opened Sept. 14, 2019): 1,863.79 pounds.
  10. NEA Full Spectrum (Brookland, opened Dec. 9, 2019): 1,661.00 pounds.
  11. High Bank Cannabis (Pine Bluff, opened Oct. 9, 2021): 1,555.99 pounds.
  12. Berner’s by Good Day Farm (Little Rock, opened Feb. 14, 2020): 1,555.00 pounds.
  13. The Source (Bentonville, opened Aug. 15, 2019): 1,420.54 pounds.
  14. Delta Cannabis (West Memphis, opened July 1, 2020): 1,254.59 pounds.
  15. Custom Cannabis (Alexander, opened March 5, 2020): 1,221.74 pounds.
  16. Spring River Dispensary (Hardy, opened Jan. 7, 2021): 1,214.68 pounds.
  17. Fiddler’s Green (Mountain View, opened July 11, 2019): 1,211.22 pounds.
  18. Body and Mind Dispensary (West Memphis, opened April 27, 2020): 1,037.38 pounds.
  19. The Greenery (Fort Smith, opened Dec. 18, 2019): 1,014.69 pounds.
  20. Osage Creek Dispensary (Eureka Springs, opened June 18, 2021): 842.27 pounds.
  21. Greenlight Little Rock (formerly Curaleaf, opened Feb. 26, 2020): 811.28 pounds.
  22. Enlightened Cannabis for People (Heber Springs, opened July 17, 2020): 767.24 pounds.
  23. Arkansas Natural Products (Clinton, opened June 20, 2019): 753.06 pounds.
  24. Good Day Farm Van Buren (opened March 7, 2022): 737.52 pounds.
  25. Good Day Farm Texarkana (formerly Red River Remedy, opened Jan. 10, 2020): 706.57 pounds.
  26. Native Green Little Rock (Little Rock, opened May, 6, 2021): 658.47 pounds.
  27. Enlightened Cannabis for People (Morrilton, opened Aug. 3, 2020): 601.31 pounds.
  28. Zen Leaf (El Dorado, opened Oct. 22, 2020): 588.48 pounds.
  29. Enlightened Cannabis for People (Clarksville, opened Aug. 7, 2020) 564.24 pounds.
  30. Greenlight West Memphis (West Memphis, opened Aug. 26, 2020): 519.00 pounds.
  31. The Treatment Cannabis Dispensary (Pine Bluff, opened July 1, 2021): 499.25 pounds.
  32. 420 Dispensary (Russellville, opened Dec. 17, 2019): 460.73 pounds.
  33. Native Green Hensley (Hensley, opened July 2, 2019): 447.16 pounds.
  34. Good Day Monticello (Monticello, opened July 4, 2020): 396.56 pounds.
  35. SuperFarm (Texarkana, formerly Bloom Medicinals, opened Jan. 15, 2020): 387.90 pounds.
  36. Greenlight Dispensary (Helena, opened June 27, 2019): 322.67 pounds.
  37. Enlightened Cannabis for People (Arkadelphia, opened July 16, 2020): 298.24 pounds.
  38. Hash & Co. (Pine Bluff, opened June 18, 2021): 131.22 pounds.

Source: Arkansas Department of Finance & Administration

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