WEST MEMPHIS, Ark. - Three medical marijuana dispensaries in West Memphis, Arkansas received a license from the state to sell.
In total, 32 businesses were awarded licenses across the state.
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.
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One of the five cultivation facilities licensed by the state was the first get approval last month to begin growing medical marijuana.
FOX13 spoke with West Memphis Mayor Marco McClendon about the change. He said it could bring more money to the area.
“And now that it's here, why not the West Memphis enjoy the revenue that comes from it,” Mayor McClendon told FOX13.
The Medical Marijuana commissions says they expect to have the plant ready for sale by April.
However, two of the three West Memphis dispensaries are not yet standing.
The dispensaries in West Memphis are Delta Cannabis Company, THC RX Inc., and Comprehensive Care Group. Now that they have their licenses, the Medical Marijuana Commission said the businesses can start to build and prepare for the opening.
“I think they’re doing everything in their possible power to take advantage of their investment,” Mayore McClendon said.
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