Sales of healthcare cannabis in Arkansas continue at a powerful pace, totaling $12.35 million in the initial 5 months of the plan.
At this price, sales are on pace to attain the upper finish if not exceed Marijuana Organization Factbook projections of $15 million-$20 million for 2019.
The sales, representing 1,730 pounds of marijuana, have been accomplished with just a fraction of the licensed dispensaries in operation.
Arkansas issued 32 dispensary licenses, but only nine are in operation, with the 10th just authorized to start operations on Friday, according to Scott Hardin, spokesman for the Arkansas Alcohol and Beverage Manage, which is accountable for licensing.
Dispensaries in the state initially sold only dry flower. Now, numerous solutions are offered, and edibles have turn out to be a important portion of the general sales, Hardin wrote in an e-mail to Marijuana Organization Every day.
Further enterprise possibilities are coming in Arkansas.
The state is in the approach of finalizing processor guidelines. As quickly as the guidelines are final and the application period established, the state will accept applications, Hardin wrote.
“There will not be a limit on the quantity of processor licenses issued,” he noted.
As of Oct. four, 24,414 individuals had been authorized for healthcare marijuana cards.
That is double the quantity in mid-Might. The plan launched on Might 10.