Local dispensary continues to lead state in sales figures

The only medical marijuana dispensary inside the city limits continued to pace the state in sales over a 25-day period from mid-April to early May, leading an industry that has reported more than $30 million in sales since March 1.

Green Springs Medical sold 276.15 pounds from April 17 though Monday, according to the latest sales report from the state revenue agency. Its sales outpaced The ReLeaf Center’s 240.92 pounds. The Bentonville dispensary joined Green Springs last month as the only locations with

more than 1,000 pounds in sales. The latter has sold 2,303.78 pounds since opening last May.

The Source and Acanza, northwest Arkansas’ other two dispensaries, opened in August and September and are nearing the

1,000-pound mark, reporting total sales of 977.73 and 997.16 pounds, respectively.

Sunday was the one-year anniversary of the first legal sale of marijuana in Arkansas, taking place in unincorporated Garland County at what’s now known as Suite 443 on Malvern Avenue. Since then the 22 dispensaries in operation as of Tuesday have reported sales of 12,000 pounds for

$75 million, according to Tuesday’s sales report, with 40% of the revenue occurring since March 1.

Green Springs opened two days after the Malvern Avenue location and has led the state in sales ever since, reporting more than

600 pounds sold since mid-March. The Seneca Street location’s sales the last two months have outperformed the 586.32 pounds Suite

443, the county’s other dispensary, has reported since opening last May. The Malvern Avenue dispensary logged more than 100 pounds in sales during the 25-day period reported Tuesday.

The Tax Procedure Act prohibits the Department of Finance and Administration from releasing revenue figures from individual dispensaries.

The Arkansas Department of Health had issued 51,888 patient cards as of Friday that certify cardholders have a health condition qualifying for medical marijuana treatment. Arkansas voters legalized marijuana for medicinal use in 2016, but 10 of the 32 dispensaries licensed statewide have yet to open. Body and Mind in West Memphis is the latest to open, reporting 7.75 pounds sold since its April 27 opening. All four dispensaries licensed for Zone 6, which includes Garland, Hot Spring, Montgomery and Saline counties, are in operation.

The Sentinel-Record/Grace Brown SALES LEADER: Medical marijuana is displayed in a glass case for customers at Green Springs Medical on March 26. Forty percent of sales statewide since last May have occurred over the last 10 weeks. Green Springs has reported more than 600 pounds sold since mid-March.