Medical marijuana sales in Arkansas have reached the milestone of $1 billion in sales since the industry was launched in May 2019. Patients now collectively spend an average of $776,000 a day on medical marijuana purchases across Arkansas, according to…
medical marijuana
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BellRock Brands to Enter Arkansas Market
by AMP Staffby AMP StaffColorado-based BellRock Brands Inc., an industry-leading cannabis multi-state house of brands, has entered into a licensing agreement with Dark Horse Medicinals, LLC, the state’s first operational medical marijuana processor, to bring the Mary’s Medicinals and Dixie brands to Arkansas. “Dark…
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Clear Cannabis Expanding into Arkansas
by AMP Staffby AMP StaffClear Cannabis Inc., a legacy cannabis brand of innovative and high-quality distilled concentrate products, recently revealed its expansion into the company’s 10th retail market: Arkansas. Its products will be manufactured and distributed through Arkansas licensee Dark Horse Medicinals. Starting with…
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Arkansas Revokes Medical Marijuana Cultivator’s License
by AMP Staffby AMP StaffOn Monday, a Fort Smith-based medical marijuana cultivator’s license to operate was revoked by Doralee Chandler, head regulator of the state’s Medical Marijuana Commission (MMC).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…
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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…
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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…