Arkansas medical marijuana dispensaries’ sales for January and February were higher for the beginning of 2023 compared to 2022, as revenues from taxes grew.
Scott Hardin, spokesman for the Arkansas Department of Finance Administration, reported the amounts of medical marijuana reported sold at dispensaries.
“Sales for the first two months of 2023 increased by $4 million over the same period in 2022,” Hardin said.
State tax collection on medical marijuana totaled $5.3 million for January and February 2023. Dispensaries in Arkansas sold 4,420 pounds of medical marijuana in January and 4,412 pounds in February, the department reports.
Patients spent $45.5 million in January and February to purchase 8,832 pounds of medical marijuana. A total of $23.1 million was spent in January and $22.4 million in February.
In 2022, patients spent $41.53 million in January and February. Patients spent $20.53 million in January 2022 at 37 dispensaries to buy 3,731 pounds and $21 million in February 2022 to buy 3,658 pounds.
For the entire year of 2022, patients spent $276.3 million on 50,547 pounds, the department reports. The amount spent was $264.9 million in 2021.
Natural Relief Dispensary, Sherwood, sold the largest amount during the first two months of 2023 with 884 pounds sold. Suite 443 in Hot Springs followed with 856 pounds sold for the two-month period. Natural Relief Dispensary in Sherwood has been the top seller in the state, according to monthly reports.
[Read more at Time Record]
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