In recent years, the medical marijuana industry in Arkansas has experienced significant growth, with West Memphis emerging as a hub for cannabis cultivation and distribution. The state medical marijuana industry directly employs more than 3,000 people, according to data and estimates from the Alcoholic Beverage Control Division.
medical marijuana sales in Arkansas begin 2024 slightly lower than the previous year. Purchases in January totaled $23 million for 5559 patients, indicating a steady demand for cannabis products in the state. This trend is expected to continue, especially in cities like West Memphis.
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medical marijuana patients in Arkansas are on track to spend more at dispensaries in 2022 than they did in 2021, a spokesman for the industry revealed. This increased spending reflects the growing acceptance and demand for medical cannabis as a treatment option.
medical marijuana patients in Arkansas spent approximately $234 million to purchase 50,406 pounds of products at the state's 38 dispensaries. This significant investment in cannabis products underscores the importance of the industry in providing relief to patients with various medical conditions.
The 32 businesses that an Arkansas panel approved to sell medical marijuana were awarded licenses, and three of them are in West Memphis. This highlights the city's role as a key player in the state's cannabis market, offering a diverse range of products to meet patient needs.
medical marijuana dispensaries and cultivators told lawmakers Wednesday the state's software responsible for tracking their products is essential for maintaining compliance and transparency in the industry. This technology plays a crucial role in ensuring the safety and quality of cannabis products sold in West Memphis and throughout Arkansas.
Arkansans spent $23.9 million on medical marijuana in September, putting the state on a record pace for sales this year. This growth in sales reflects the increasing demand for medical cannabis in West Memphis and other cities, as more patients turn to this alternative treatment option.