Arkansas cannabis regulators on Tuesday announced the five companies the state intends to license to grow medical marijuana under a voter-approved amendment that legalized MMJ for certain patients.

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The growers approved by the Medical Marijuana Commission will provide cannabis for the 32 MMJ dispensaries the state eventually will license.

The cultivation licenses are contingent on the companies paying a $100,000 licensing fee and posting a $500,000 performance bond.

Arkansas’ five approved cultivation companies are:

  • Natural State Medicinals Cultivation in Jefferson County
  • Bold Team, Woodruff County
  • Natural State Wellness Enterprises, Jefferson County or Jackson County
  • Osage Creek Cultivation, Carroll County
  • Delta Medical Cannabis Company, Jackson County

A March 2018 target for the launch for MMJ sales has been delayed by lawsuits from rejected business license applicants.

– Associated Press