Medical marijuana sales in Arkansas reached $275.9 million in 2024, with December contributing $24 million to the total.
According to the Arkansas Department of Finance and Administration, the state’s 37 dispensaries sold 75,598 pounds of medical marijuana throughout the year, marking a significant increase from the 62,227 pounds sold in 2023. However, despite higher product sales, total revenue fell short of the record $283 million set in the previous year, largely due to lower prices.
In December alone, patients purchased 6,721 pounds of medical marijuana, maintaining a consistent monthly sales trend seen throughout the year. November also saw $24 million in sales, with 6,759 pounds sold. The Hot Springs dispensary Suite 443 led in sales for the month, surpassing 746 pounds.
Medical marijuana tax revenue topped $31 million in 2024. The 6.5% state sales tax generated $15.97 million, while the 4% privilege tax brought in $15.19 million. Since Arkansas launched its medical marijuana program, total tax revenue has neared $150 million.
The state’s patient base also continued to grow, reaching 109,095 active medical marijuana patients by the end of 2024, up from 97,374 at the start of the year.
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