Arkansas Medical Cannabis Business & Marijuana Legal News

How ‘essential’ transformed the US marijuana industry amid the COVID-19 pandemic

During the tumultuous weeks and months of the past year, a nine-letter word emerged as a game changer for the nation’s legal marijuana industry: “essential.” It began about a week after the World Health Organization on March 11 declar…

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Verano accused in lawsuit of illegal interstate marijuana trafficking

Illinois-based multistate operator Verano Holdings is accused in a lawsuit of illegally shuttling marijuana from its home state to Arkansas. According to the Chicago Sun-Times, the allegations of illegal interstate marijuana shipments stem from cannabi…

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Arkansas medical cannabis sales hit $175M in 2020, could double this year

Medical marijuana sales in Arkansas reached $175 million in 2020, ending the year with a record $1.22 million day. The Marijuana Business Factbook projects that Arkansas MMJ sales will nearly double this year to $300 million-$365 million, boosted by ne…

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Arkansas opens up medical marijuana processor, transporter licensing

The steadily growing Arkansas medical marijuana program is offering new business opportunities: processor and transporter licenses. Scott Hardin, spokesman for the Arkansas Medical Marijuana Commission, wrote in an email that the state’s MMJ cons…

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Arkansas opens up medical marijuana processor, transporter licensing

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Arkansas reaches $187 million in medical cannabis sales

Arkansas’ slow-starting medical marijuana market is growing, with more than 80% of the state’s dispensaries now open and sales reaching a cumulative total of $187 million since the program launched in May 2019. That $187 million figure repr…

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Harvest Health sells Arkansas medical marijuana operation for $25 million

Multistate marijuana operator Harvest Health & Recreation said it has completed the sale of its Arkansas medical marijuana operations for $25 million, a move to allow the company to focus on markets such as Arizona. Arizona-based Harvest Health sai…

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Product shortages, rising prices hit Arkansas medical marijuana market

A leading Arkansas medical marijuana dispensary says it’s facing a product shortage that can be resolved only by additional cultivation capacity. Dragan Vicentic, owner of Green Springs medical marijuana dispensary in Hot Springs, the leading MMJ…