On Sept. 18, 2017, at 4:30 p.m. CT, the Natural State closed the application window for cultivators and distributors seeking Arkansas medical cannabis licenses. The Department of Finance and Administration received a total of 322 applications, with roughly 200 coming in on the last day to apply.
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The Arkansas Medical Marijuana Commission has not yet received applications for pot-growing and cultivation facilities as of Wednesday, and there have only been two submissions to locate a cannabis dispensary within the state less than three weeks before the state’s legislature-approved deadline.
Application forms are available for people wanting to apply for licenses to operate Arkansas medical marijuana cultivation centers and dispensaries, the state Department of Finance and Administration said Monday.
The Arkansas Medical Marijuana Commission has finalized the process for accepting applications for medical marijuana sellers and growers.
Arkansans hoping to grow medical marijuana will have to pay an annual $100,000 fee to operate a cultivation facility, the Arkansas Medical Marijuana Commission decided Tuesday.
On Nov. 8, 2016, medical marijuana was legalized in Arkansas via the Arkansas Medical Marijuana Amendment of 2016, prompting a wave of entrepreneurial excitement in the state.