Medical Marijuana Dispensary at Rector Approved by State
The Arkansas Medical Marijuana Commission mailed out letters last week to the firms who have been approved for licenses for dispensaries, and the only regional location will be at Rector. According to the AMMC, four licenses were earmarked for Zone 3, which includes 10 counties in the region, with three in the West Memphis area and the fourth in Rector.
The local license is being extended to NEA Full Spectrum Medicine LLC, which had also sought a license to operate a grow facility. The company filing noted the president is Gerald Scot Sale, of Piggott, and the principles include Teresa Gail Sale, Vicki Laree Benjiman, Jim Todd Watson, Elizabeth Ann Watson, Al Williams and Sons Nursery, Tony Horner and Joshua Egle.
“We received the letter of intent to extend us a license on Monday and we're now getting the license and bond money together,” Sale said Tuesday.
According to the terms of the license approval, the company is required to remit a $15,000 license fee and $100,000 performance bond before being allowed to continue the process and eventually commence business.
“Even after the fee and bond are paid we'll still have to meet strict conditions of the criteria,” he added.
Under the state guidelines, the dispensaries may be not located near a school, church or daycare. Sale indicated the Rector site would be just south of the city limits on U.S. Highway 49, which was listed as the site in the application.
The local license is one of 32 approved for dispensaries across the state, although many larger cities were not included—such as Jonesboro and Ft. Smith. The Rector site was approved after one of the firms accepted for a license chose to locate their dispensary in Ward, north of Jacksonville, as opposed to Hardy. The counties included in Zone 3 are Clay, Crittenden, Cross, Greene, Randolph, Jackson, Lawrence, Mississippi, St. Francis and Woodruff.