Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Thursday's Axios Northwest Arkansas stories

Arkansas' medical marijuana sales proving to be a boon for the state

Illustration: Sarah Grillo/Axios

Medical marijuana sales are proving to be icing on the state's revenue cake nearly two years after the first dispensaries opened in Arkansas.

  • The Arkansas Department of Finance and Administration reported $330.4 million of statewide medical marijuana sales — more than 48,914 pounds — as of June 3.
  • That adds to the state's projected surplus revenue of nearly $1 billion.
  • NWA's four dispensaries alone have collectively sold 28.3% of the total volume in that time, more than 13,850 pounds.

Why it matters: Northwest Arkansas has become a key driver of the state's medical marijuana industry and of the sales tax revenue Arkansas collects on each purchase.

94-year-old Victory Theater in Rogers to undergo renovations

The Victory Theather in downtown Rogers on June 9, 2021. Photo: Alex Golden/Axios

The city of Rogers will pay for renovations at the 94-year-old Victory Theater.

What's happening: David Hook, facilities manager for the city, tells Axios the work includes:

  • Repointing the brick on the western third of the building and around the stage area on the interior.
  • Repairing damaged wood as well as windows on the front of the building.
  • Repainting all wood and metal on the front of the building.
  • Resealing the brick on the building.

Walton Family Foundation grant will expand UA's startup intern program

Illustration: Annelise Capossela/Axios

A $518,000 grant for UA's Venture Intern Program that pairs undergraduates with early-stage ventures will support internships through 2023.

  • The grant comes from the Walton Family Foundation and will allow the program to expand from 60 to 90 students.
  • The program is a 12-week, paid assignment for juniors and seniors.

Why it matters: NWA's startup community is small compared to major metros — fostering an entrepreneurial spirit will help grow the community and sustain the area's economy long-term.

Tyson Foods to aim for net-zero emissions by 2050

Illustration: Brendan Lynch/Axios

Tyson Foods announced this morning that it will strive to achieve net-zero greenhouse gas emissions across its global operations and supply chain by 2050.

Why it matters: Tyson is the largest meat producer in the United States. And agriculture, including livestock and manure emissions, is the largest source of methane emissions in the U.S.