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Arkansas Cannabis Consultants

Arkansas Cannabis Consultants

Overview of Cannabis in Arkansas

Arkansas’s cannabis industry is growing and opening new doors for business owners and investors. Recreational marijuana is still not legal, but the medical marijuana program is well-established and gaining more support. In 2024, a new law was proposed to improve the medical program by allowing patients to grow their own cannabis, expanding the list of qualifying conditions, and making it easier to get certified online. However, the Arkansas Supreme Court stopped the vote from being counted because the ballot language was unclear. Even with that setback, the demand for medical cannabis continues to rise, making this a good time to explore business opportunities in the industry.

Arkansas’s medical cannabis market is already expanding. In 2024, patients bought over 75,598 pounds of cannabis—up 21.5% from 2023—according to the Arkansas Department of Finance and Administration. This growth shows strong demand, even as average prices dropped slightly.

Looking ahead, recreational legalization could open even more doors. A 2022 study by the Arkansas Economic Development Institute estimated that, if adult-use cannabis were legalized, marijuana sales in Arkansas could reach $984 million annually by 2027, generating more than $260 million in tax revenue. While legalization has not yet occurred, these projections highlight the industry’s strong potential. With public support growing and the medical program continuing to expand, businesses that get involved now can prepare for both today’s market and future opportunities.

If you’re considering opening a dispensary or another cannabis-related business in Arkansas, staying informed on policy updates is key. With the right help and planning, now is a smart time to get started in this growing industry.

For more information about Arkansas’ cannabis program, click here.

Arkansas Cannabis License Types

Arkansas medical marijuana license type:

Dispensary License

This license allows a business to sell medical marijuana directly to registered patients and caregivers. Dispensaries are responsible for verifying patient IDs, maintaining inventory records, and following all state regulations regarding sales and product safety.

Cultivation Facility License

A cultivation license allows businesses to grow and harvest cannabis plants. These facilities supply dispensaries with raw cannabis flower. Arkansas limits the number of cultivation licenses and categorizes them by scale (larger Tier 1 or smaller Tier 2 operations).

Processor License

Processor licenses allow businesses to create cannabis-infused products, such as edibles, oils, tinctures, and vape cartridges. These facilities must follow strict safety, labeling, and testing standards. Processing often occurs in a separate facility from cultivation or dispensary operations.

Transporter License

This license authorizes the holder to legally transport cannabis products between licensed cannabis facilities. This can include moving products from cultivators to processors, or from processors to dispensaries. Transporters must follow strict state regulations regarding vehicle security, tracking, and recordkeeping. Some businesses choose to obtain this license to manage their own logistics, while others rely on third-party transporters.

Distributor License

A distributor license typically allows a business to receive, store, and distribute cannabis products. In some states, distributors may also be responsible for quality assurance, lab testing coordination, tax collection, and verifying packaging compliance before delivering products to retailers. This license is separate from a transporter license and may involve more oversight and responsibilities depending on state rules.

Cannaspire Cannabis Consulting Services for Arkansas

Why Work with a Cannabis Consultant?

Starting a cannabis business involves layers of complexity, from navigating regulatory requirements to establishing operations and brand identity. Partnering with an experienced consultant offers a streamlined approach, minimizing challenges and maximizing opportunities for growth.

Our Services

Cannaspire’s comprehensive consulting services cater to each phase of a cannabis business, designed to support Arkansas entrepreneurs from start to success:

Cannabis Licensing

We assist with securing the appropriate licenses for your cannabis operation.

Cannabis Business Plans

Custom business plans geared toward investor readiness and operational planning.

Cannabis Business Consulting Calls

Get personalized expert guidance on every aspect of your cannabis business success.

Cannabis Licensing Services

End-to-end support through the licensing process, ensuring compliance and completeness.

Cannabis Security Plans

Our tailored security plans ensure full compliance with Arkansas' regulatory standards.

Cannabis Operations

Operational strategy support to optimize your business’s workflows and processes.

Operational Readiness

We conduct readiness assessments to ensure smooth operations from day one of opening.

Education and Training

Training programs for staff to ensure adherence to compliance standards.

Cannabis Branding & Marketing

Branding strategies and digital marketing to establish and grow your business’s presence.

Website Design & Development

Professional website design that complies with industry standards and appeals to customers.

Seed to Sale Software Consulting

We assist in implementing and optimizing tracking systems to ensure compliance and operational efficiency.

Cannabis Compliance

Compliance consulting for every stage of business, from launch to daily operations.

Fractional Cannabis Compliance Officer

Access to compliance expertise without the need for full-time hiring.

Compliance and Policy Consulting for State and Local Officials

Advisory for government bodies creating cannabis policies.

GMP, ISO, & Organic Farming Certifications

Guidance on obtaining certifications to build credibility in cultivation practices.

Retainer Services

Ongoing consulting support for continued success and adaptation to industry changes.

Retainer Services

Ongoing consulting support for continued success and adaptation to industry changes.

Why Choose Cannaspire?

Cannaspire’s track record speaks to the value we provide Arkansas cannabis businesses. Our team of experienced professionals has a history of successful client partnerships, offering guidance, compliance expertise, and a proactive approach to regulatory challenges.

What Our Clients Say About Our Cannabis Consulting Services

Schedule Your Consultation

Ready to turn your cannabis business goals into reality?

Cannaspire is here to provide the support, expertise, and actionable insights you need. Contact us today to schedule a consultation—our team is just a call away. 

Hours
Sunday CLOSED
Monday 8:00 am – 5:00 pm
Tuesday 8:00 am – 5:00 pm
Wednesday 8:00 am – 5:00 pm
Thursday 8:00 am – 5:00 pm
Friday 8:00 am – 5:00 pm
Saturday CLOSED