Medical marijuana sales reach $1 billion in 5 years – KAIT

JONESBORO, Ark. (KAIT) – It’s been five years since the first medical marijuana dispensary opened in Arkansas, and sales have already topped $1 billion.

The state was approved in November 2016 to begin selling medical marijuana and the first dispensary opened in May of 2019.

“Marijuana is big business all over, we all know that,” Jerry Cox with Arkansas Family Council told our content partner KARK. “The question is, here in Arkansas, how many of the people that have medical marijuana cards have legitimate medical condition? And how many are using it just as a way to do recreational marijuana already?”

According to the DFA, 2019 had $31 million in medical marijuana sales, $276 million in 2022, and $283 million in 2023, totaling 203,000 pounds since May 2019.

For more information, visit KARK’s website.

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