Medical cannabis dispensaries in Arkansas have sold more than $1 billion in MMJ products since the program launched in 2019.
Total medical marijuana sales in Arkansas since May 2019 reached $988.3 million through October, the Little Rock-based Arkansas Times reported, citing data shared by the Arkansas Department of Finance and Administration (DFA).
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So, “based on an estimated $772,000 in sales per day this year, the (DFA) said the number has now surpassed $1 billion,” according to the Times.
Arkansas’ total sales included $234 million in transactions through October of this year.
According to figures provided to the Times, here’s the annual medical marijuana sales breakdown in Arkansas:
2019: $31.2 million. 2020: $181.8 million. 2021: $264.9 million. 2022: $276.3 million.
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Bill Paschall, executive director of the Arkansas Cannabis Industry Association, told the Times that the $1 billion milestone demonstrates
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