Action on 2 local marijuana dispensaries approved

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Photo: The Arkansas Medical Marijuana Commission has approved a name change for a dispensary located in Mountain View. Fiddler’s Green, LLC is now known as Fiddler’s Green Medical Marijuana Dispensary.

Changes in ownership in four medical marijuana dispensaries were approved Tuesday by the Arkansas Medical Marijuana Commission, including one in Baxter County.

Arkansas Times reports Plant Family Therapeutics in Baxter County was approved to allow owner James Compton to transfer his 40 percent ownership stake in the business to Giving Tree LLC, a business he owns with his sons Ken and Kevin Compton.

A second dispensary in North Central Arkansas was approved for a name change. The Fiddler’s Green, LLC dispensary in Mountain View was approved to change its name to Fiddler’s Green Medical Marijuana Dispensary.

The dispensary’s change in ownership request was also approved. At the commission’s June meeting, Lisa Murphy, CEO of Fiddler’s Green, said the dispensary wanted to remove James Booth as a stakeholder in the company, but at the time, he had not signed an agreement to sell his share in the business.

At Tuesday’s meeting, with proper documentation and signatures provided, the commission approved the request.

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