nci designation
Arkansas to send reserve funds to UAMS for cancer center, redirect medical marijuana tax
Arkansas will send $100 million in reserve funds over the next two years to the University of Arkansas for Medical Sciences’ pursuit of recognition from the National Cancer Institute, known as NCI designation. But that doesn’t mean the 4% privilege tax on medical marijuana that had funded the NCI efforts will go away. Instead, state […]
Arkansas lawmakers to again consider extending special tax on medical marijuana
Arkansas’ special tax on medical marijuana transactions sunsets in July, but the state Legislature will soon consider extending it for at least two more years. The 4% excise tax generates millions annually for the University of Arkansas for Medical Sciences’ pursuit of recognition from the National Cancer Institute, known as NCI designation. Since its 2017 […]