LITTLE ROCK, Ark. (AP) — The 32 businesses that an Arkansas panel approved to sell medical marijuana in the state have been formally awarded their licenses.
The Department of Finance and Administration said Tuesday the businesses have each paid their $15,000 licensing fees and posted their $100,000 performance bond. The dispensaries can begin building or preparing facilities but must pass a final inspection before they can open.
The Medical Marijuana Commission last month said it intended to license the 32 businesses after approving scores from an outside consultant it had hired to review applications.
One of the five cultivation facilities licensed by the state was the first get approval last month to begin growing medical marijuana. It said it expects to have the marijuana available for dispensaries in April.