MMJ sales in Arkansas during the first quarter of the year totaled $70.5 million, up 7.14% compared with sales in the same quarter of 2022, according to the Arkansas Department of Finance and Administration (DFA).
There were 13,804 pounds sold in the first quarter, up 19.5% compared with the 11,555 pounds sold in the same period of 2022. Patients spent a record $24.992 million in March to purchase 4,972 pounds of MMJ, according to the DFA report.
The Arkansas Department of Health reports 93,977 active patient cards as of April 21, up from 89,855 at the end of 2022.
“With $25 million in purchases, March was the largest month for sales since the industry launched in mid-2019,” said DFA spokesperson Scott Hardin. “State tax collection on MMJ totaled $2.48 million in March, bringing the overall total to $97.2 million.”
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