Marijuana sales in Missouri impacts Arkansas dispensaries

JONESBORO, Ark. (KAIT) – Gross sales of leisure marijuana in Missouri are having totally different results on dispensaries in Northeast Arkansas.

The state of Missouri reported over $71 million in gross sales in February.

That quantity climbed to $125 million in March, and a few dispensaries in Northeast Arkansas are seeing a decline in gross sales.

NEA Full Spectrum in Craighead County has opted to maneuver farther from Missouri, telling the Arkansas Medical Marijuana Fee in a public assembly, their gross sales have been impacted.

“We’ve already observed a 15% drop in gross sales, income since Missouri has opened,” Gerald Scot Sale, President of NEA Full Spectrum mentioned within the assembly.

The request for the transfer can be to maneuver their product nearer to clients.

“About 60% of our sufferers reside within the Jonesboro space, so we might be shifting slightly nearer to them,” he mentioned.

Up in Hardy, the Renee Clay Circle, proprietor of Spring River Dispensary mentioned gross sales have gone up.

“We have been involved that it was going to harm our enterprise, we have been simply very glad that it didn’t,” she mentioned.

Clay Circle mentioned along with the expansion in gross sales, she continues to see clients from Missouri.

“I simply suppose it’s as a result of we’re far-off from them, we’re like an hour drive and so they don’t have a wide selection but and their costs are rather a lot greater than the medical marijuana.”

The Missouri Hashish Commerce Affiliation expects over $250 million in gross sales in 2023 for Missouri.

Copyright 2023 KAIT. All rights reserved.