Dispensary’s brisk sales continue in Arkansas

Medical marijuana sales slowed slightly during the 16 days covered by the sales report the state revenue agency released Saturday, but daily sales continued to average close to $600,000.

From Aug. 5 through Thursday, Arkansans spent $590,000 a day on medical marijuana, compared to the more than $600,000 during the 21-day period that ended Aug. 4. More than $9 million in sales were reported on 1,402 pounds sold from Aug. 5 through Thursday. The 28 dispensaries in operation reported more than $9 million in sales and $131 million in total sales since the first legal sale of the drug in Arkansas in May 2019.

Almost 30% of sales have occurred over the last two months.

Suite 443, where the first legal sale of the drug in Arkansas was transacted last year, was third in reported sales, reporting 102.59 pounds sold. The Malvern Avenue dispensary in unincorporated Garland County was second in sales during the 21-day period that ended Aug. 4 and fourth during the 19-day period that ended July 14.

Green Springs Medical, the only dispensary in Hot Springs’ city limits, has ceded the statewide sales lead it held for more than a year. [Read more at The Sentinel-Record]