Medical hashish gross sales in Arkansas in the course of the first quarter of the 12 months have been up 7.14% in comparison with the identical quarter of 2022, in keeping with Arkansas Division of Finance and Administration (DFA) knowledge outlined by Talk Business & Politics. In March, Arkansas sufferers spent a report $24.9 million on 4,972 kilos of medical hashish.
DFA spokesperson Scott Hardin advised TB&P that state tax assortment on medical hashish totaled $2.48 million in March, bringing the general whole to $97.2 million.
The robust first-quarter gross sales comply with report medical hashish income in 2022 of $276.3 million, which was up 4.3% in contrast with the earlier report of $264.9 million in 2021, the report says.
Arkansas collects a 6.5% common state gross sales tax with every medical hashish buy and a 4% privilege tax on gross sales from cultivators to dispensaries. A lot of the tax income is positioned within the College of Arkansas for Medical Sciences Nationwide Most cancers Designation Belief Fund.
The Arkansas Division of Well being studies 93,977 energetic affected person playing cards as of April 21, up from 89,855 on the finish of final 12 months.
Final November, Arkansas voters rejected a poll measure to legalize adult-use hashish by a 56%-44% margin.
Get day by day hashish enterprise information updates. Subscribe