cannabis
US Cannabis Market Grows to $38.5B
Growing acceptance of its use for medical purposes and the rising legalization of cannabis are the key factors driving the market growth. read more >
In the Green (Hunter Field Editor’s Note)
Arkansas’ marijuana industry has matured, but its focus hasn’t. read more >
by Hunter Field -
Dan Roda Takes On New Role as Chief Strategy Officer at Natural State Medicinals
Dan Roda, who turned Abaca into a multimillion-dollar fintech powerhouse for the cannabis industry, is now bringing his expertise to Natural State Medicinals in White Hall. read more >
Arkansas Medical Marijuana Supporters Sue State Over Decision Measure Won’t Qualify For Ballot
The lawsuit challenges Secretary of State John Thurston's decision to not count some of the petition's signatures because the state asserted it had not followed paperwork rules regarding paid signature gatherers. read more >
State Revokes Hot Springs Dispensary’s License Over Regulatory Violations
State regulators said Green Springs Dispensary racked up more than 50 violations in recent years. The business plans to appeal the revocation. read more >
by Scott Carroll -
Demographic Trends Signal Potential Growth in Medical Cannabis Market
Data from the Arkansas Department of Health offers a glimpse at what could become the expanded medical cannabis market. read more >
by Kyle Massey -
Medical Cannabis: Allies Back a Proposal for Growth
The medical marijuana industry has lined up support from patient advocates who opposed a 2022 recreational vote. read more >
by Kyle Massey -
Arkansas Cannabis Sales Hit $1B Milestone After Record 2023
The state Department of Health says 97,374 medical marijuana cards are active now, up from 89,855 in January of last year. read more >
by Kyle Massey -
Top Online Stories of 2023: Eatery News, a Lyon College Setback And 27 Marijuana Laws Tossed Out
Readers were hungry for restaurant news on the Arkansas Business website this year. read more >
by Scott Carroll -
Cannabis Connections: Medical Marijuana Businesses That Use Management Firms
At least 13 medical marijuana businesses in Arkansas have contracts with cannabis management companies, according to state records. read more >
Lawsuits Allege Fraud in Arkansas Cannabis Licensing
Prominent Arkansans have accused their attorney friends of setting them up as figurehead owners of medical marijuana dispensaries, sticking them with massive tax bills and casting new doubts on the integrity of the state’s cannabis licensing system. read more >
by Mark Friedman, Kyle Massey -
Federal Judge’s ‘Watershed’ Ruling Protects Hemp Industry in Arkansas
The ruling last month that blocks Arkansas from criminalizing certain hemp-derived cannabinoid products, such as delta-8 THC, is being hailed as a landmark decision for the hemp industry. read more >
by Mark Friedman -
Medical Marijuana Sales in Arkansas Could Set New Record
LITTLE ROCK, Ark. (AP) — Medical marijuana sales in Arkansas are on track to set a new record this year, state officials said. From January through June, patients spent $141 […] read more >
by Associated Press -
Fort Smith Cultivator License Keeps License But Remains in Court
River Valley Relief Cultivation’s Storm Nolan saw his license renewed even as the state Supreme Court reviews a lower court’s order for the license to be stripped. read more >
by Kyle Massey -
Cannabis Company American Patriot Brands Hit with Fraud Charges
The company allegedly lured investors by claiming that retired Gen. Wesley K. Clark Sr. was a top advisor for the company, long after he resigned from the board. read more >
Oklahoma Voters Reject Legalizing Recreational Marijuana
State Question 820, the result of a signature gathering drive last year, was the only item on the statewide ballot, and early results showed heavy opposition in rural areas. read more >
by Associated Press -
Breck Speed Gets Marijuana Processing License
The former CEO of Mountain Valley Spring Water was granted the sixth such license in the state. read more >
by Kyle Massey -
FDA Declines to Regulate CBD, Calls on Congress for Fix
The marijuana-derived products have become increasingly popular in lotions, tinctures and foods, while their legal status has been murky in the U.S. read more >
by Associated Press -
After $30M Merger, Abaca Says Mission Remains the Same
In the weeks after Arkansas cannabis financial firm Abaca was acquired for that amount by Colorado’s SHF Holdings Inc. late last year, Abaca co-founder Dan Roda says in some ways, very little. read more >
by Kyle Massey -
Gallagher’s Messaging Helped Voters Say No
He was the consultant who oversaw messaging against marijuana legalization for the Family Council and its allies. read more >
by Kyle Massey -
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