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 -
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 -
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 >
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 -
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 -
Snuffed Out: How The Recreational Marijuana Amendment Failed
An “unusual alliance” across the political spectrum and doubts about business details helped doom the legalization attempt, campaign veterans and observers say. read more >
by Kyle Massey -
High Court Stays Marijuana Cultivator’s License Revocation
The Arkansas Supreme Court has promised a quick review of an appeal by grower Storm Nolan in the case. read more >
by Kyle Massey -
State Moves to Revoke Fort Smith Cultivator’s Marijuana License
The licensing reversal favored 2600 Holdings of Little Rock, doing business as Southern Roots Cultivation, which had sued claiming it should have rightfully won the license. read more >
by -
Abaca Expands Services to California
Cannabis banking firm Abaca of North Little Rock announced it has expanded services to California through a partnership with Pacific Valley Bank of Salinas. The partnership offers a single point […] read more >
Abaca Lands $1.35M Investment
The company will use the money to “keep fueling our national expansion,” said CEO Dan Roda. read more >
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