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Arkansas medical marijuana tax revenue down in the first half of 2022

Medical marijuana patients spent $22.29 million in June to obtain 3,926 pounds.

ARKANSAS, USA — Arkansas collected $15.8 million in tax revenue from medical marijuana sales in the first six months of 2022, down from $16.9 million in the same period of 2021. Pounds of product sold at state-licensed dispensaries is up almost 10% in the first half of 2022.

The Arkansas Department of Finance and Administration (DFA), the parent agency of the Arkansas Medical Marijuana Commission, reported Thursday (July 14) that the state’s 38 medical marijuana dispensaries sold 23,251 pounds of product in the first half of 2022, up 9.6% compared with the 21,000 pounds in the same period of 2021.

Medical marijuana patients spent $22.29 million in June to obtain 3,926 pounds.

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