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Verbascum thapsus
We won't know until the stalk comes up but I'm fairly sure this is just common mullein.
Poor soils; sandpits; gravel pits; roadsides
The flowers of this weed/herb can be infused in oil which can be used for ear drops or as a salve for wounds, hemorrhoids, eczema, or inflamed eyelids. For ear drops, lots of people combine it with garlic infused oil. The leaves can be used in an infusion for chronic coughs and throat inflammations. It also promotes sweating. Gargle or drink. If I can gather enough flowers, I'm going to make some infused oil and also a homemade cough syrup. I'll post recipes and reviews when that happens. ~Kalibug's Mom
My guess is Mullein, but there are like a hundred species of that so I didn't put a scientific name down.....it's looks just like the stuff I see here, that's why my link is to Eastern Colorado Wildflower.....it may be the same stuff you have in Arkansas