Arkansas medical marijuana sales set new record in 2025

by Talk Business & Politics staff ([email protected]) 681 views 

Arkansas medical marijuana sales totaled $291.1 million in 2025, up 5.5% compared with 2024 sales, and a new annual record, the Arkansas Department of Finance and Administration (DFA) announced Friday (Jan. 23). Pounds sold were up less than 5%.

The previous annual record was $283 million in 2023.

Also, the state’s 37 licensed dispensaries sold 79,223 pounds of medical marijuana in 2025, up 4.8% compared with 75,598 pounds in 2024.

“More than $1.6 billion has been spent at the state’s dispensaries since the industry launched in 2019,” said DFA spokesperson Scott Hardin . “The industry certainly rebounded in 2025 with a new sales record, following a decrease in sales the previous year.”

The two state taxes that apply to medical marijuana generated $32.3 million in 2025 and have totaled more than $218.32 million since 2019. The 6.5% state sales tax applies to each purchase patients make at a dispensary. The 4% privilege tax also applies to purchases made at dispensaries and when a cultivator sells product to a dispensary.

The Arkansas Department of Health reports 115,113 active patient cards, up 5.1% compared with February 2025 and up 18.2% compared with the beginning of 2024.

December had the most sales in 2025 at $25.749 million. Following are the top five dispensaries, among the state’s 37 licensed dispensaries, for pounds sold in December.

  • Suite 443 (Hot Springs): 731.15 pounds
  • Natural Relief (Sherwood): 717.83 pounds
  • CROP (Jonesboro): 427.5 pounds
  • Custom Cannabis (Alexander): 411.03 pounds
  • Harvest (Conway): 410.85 pounds

Suite 443, which opened May 10, 2019, was the first dispensary to open in the state.

Following are the annual sales since 2019 when medical marijuana sales began in Arkansas.

  • 2025: $291.1 million
  • 2024: $275.9 million
  • 2023: $283 million
  • 2022: $276.3 million
  • 2021: $264.9 million
  • 2020: $181.8 million
  • 2019: $31.32 million

The constitutional amendment legalizing medical marijuana for 17 qualifying conditions and creating a state medical marijuana commission was approved by Arkansas voters 53% to 47% in November 2016.

Taxes collected are 6.5% of regular state sales tax with each purchase by a patient and a 4% privilege tax on sales from cultivators to dispensaries. Most of the tax revenue is placed in the University of Arkansas for Medical Sciences National Cancer Designation Trust Fund. The state also collects a cultivator privilege tax, which means tax revenue is not always tied to how much product is bought by consumers at dispensaries and the price for the product sold to dispensary customers.