Arkansas tops $100 million in all-time medical marijuana tax revenues

LITTLE ROCK, Ark. – Arkansas has now surpassed $100 million in tax revenue from medical marijuana.

Arkansas Department of Finance and Administration spokesperson Scott Hardin said patients spent $23.9 million on medical marijuana in April, purchasing 5,043 pounds. Those sales produced $2.85 million in tax revenue, enough to put the state over the $100 million total tax revenue figure.

The latest figures show an increase in medical marijuana sales in the Natural State. 

In the first four months of 2023, $94.4 million was spent on 18,847 pounds of medical marijuana by patients, Hardin said. For the same period in 2022, $89.8 million was spent.

DFA records show patients spent an average of $787,000 daily at the state’s 38 dispensaries.

Arkansas currently has 94...