On Monday, a Fort Smith-based medical marijuana cultivator’s license to operate was revoked by Doralee Chandler, head regulator of the state’s Medical Marijuana Commission (MMC). This news comes less than a month after a judge ruled the state erred when…
medical marijuana
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Opponents Claim Issue 4 Would Create a Lucrative Monopoly for Medical Cannabis Industry
The Arkansas Legislature has not been happy about some of the previous ballot issues approved by voters, such as those raising the minimum wage, creating the medical marijuana industry and legalizing casinos in Crittenden, Garland, Pope and Jefferson counties. The…
- April 2022Finance & BankingHealth CareMagazineSmall business
Bankrolling an Industry: For Abaca, Medical Marijuana a Gateway to Opportunity
by AMP Staffby AMP StaffArkansans have been under the influence of medical marijuana, legally, since 2016. In 2016, Arkansas voters approved the Arkansas Medical Marijuana Amendment with 53 percent of the vote. The amendment to the state constitution allows patients who have a doctor’s…
- April 2022IndustriesMagazineOpinionTransportation
Publisher’s Letter: AMP Looks to the Skies in April
The wild, blue yonder awaits in this month’s issue of Arkansas Money & Politics. Each year, our April issue features the aviation and aerospace industries in Arkansas. This month, our flight around the state visits Little Rock and Northwest Arkansas…
- AgricultureBusinessHealth & ScienceIndustriesReal estateRetail/restaurants
Good Day Farm Relocating Little Rock Dispensary to Chenal
by AMP Staffby AMP StaffMedical marijuana retailer Good Day Farm will soon relocate its Little Rock dispensary to a larger, 4,034-SF retail space located at 11600 Chenal Parkway. The new space will open to the public on Thursday, March 31 at 10 a.m. To…
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Arkansas Medical Marijuana Purchases Surpass $20 Million in January
by AMP Staffby AMP StaffThe Arkansas Department of Finance and Administration has reported medical marijuana patients spent $20.53 million in January at 37 dispensaries across the state to obtain 3,731 pounds. Natural Relief Dispensary in Sherwood, a city in the Little Rock metro, had…
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Arkansas Cannabis Banking Company Abaca Crosses $2B in Commerce
by AMP Staffby AMP StaffAbaca, the Arkansas-based cannabis banking fintech company has surpassed more than $2 billion dollars in commerce for the cannabis industry. The company says its growth is fueled by aligning its bank-backed financial technology offering with the needs of cannabis business…
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ACHI Leads New Study Analyzing Impact of Medical Marijuana in Arkansas
by AMP Staffby AMP StaffResearchers at the Arkansas Center for Health Improvement and the University of Arkansas for Medical Sciences have been awarded a $1.3 million research grant through the National Institute on Drug Abuse, a division of the National Institute of Health, to…
- AgricultureAgricultureFinance & BankingHealth CareJune 2021MagazinePoliticsSmall business
Medical Marijuana: In Arkansas, It’s A Hit
Dispensaries have been lighting up sales since amendment’s passage In November 2016, voters approved Amendment 98, adding Arkansas to the growing list of states that allow the cultivation, processing, sale and possession of marijuana for medical purposes. Four and a…
- AgricultureAMP NewsBusinessHealth & ScienceHealth Care
Sales of Medical Marijuana in Arkansas Far Eclipse Expectations
Initially it was anticipated that when the market was mature, there would be about 40,000 to 50,000 people with health conditions that would permit them to qualify for a medical marijuana (MMJ) card, allowing them to purchase products at dispensaries.…