Oklahoma Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Seed-to-Sale Delays Sow Confusion In Medical Marijuana Market

Delays in implementing Oklahoma’s “seed-to-sale” tracking system for medical marijuana have sowed confusion for businesses in the fast-growing cannabis industry as law enforcement authorities step up their enforcement efforts for illicit marijuana products. The Oklahoma Medical Marijuana Authority’s efforts at…

Oklahoma

Oklahoma House approves expanding nonresident medical marijuana licenses

February 19, 2021
AggregatedNews
Oklahoma
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The Oklahoma House on Thursday approved extending the length of medical marijuana licenses granted to out-of-state residents. On a vote of 52-32, the House approved legislation to extend nonresident medical marijuana licenses from 30 days to two years. House Bill…

Cannabis lab accused of falsifying test results surrenders Oklahoma Medical Marijuana Authority license

A laboratory that operated in Tulsa will not pay fines over allegations it falsified cannabis test results after the business surrendered its license during an investigation by the Oklahoma Medical Marijuana Authority. The OMMA announced in August its desire to…

Its time to fight back against illegal state and local cannabis laws.

September 2, 2020
Matthew Warner
Maine, Oklahoma, Policy & Legal, Washington
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Until now, many states have treated participants within their legal cannabis industries as second-class citizens, depriving these businesses of certain constitutional protections that apply in any other marketplace. Conventional wisdom said that cannabis businesses were either so grateful to be…

Okla. High Court Marijuana Ruling Provides Preemption Guide

Adult-use marijuana may be coming to Oklahoma sooner rather than later — barring any unforeseen events, legalization of marijuana for adult use will be on the state's ballot this year. On June 23, in the case of In re: State Question…

Day of reckoning could loom for some medical marijuana license holders in Oklahoma

Chris McAlvain and Matt Blackwood were going by the books on their first crop — especially with their combined savings on the line. They did their research, paid for their license, bought their equipment and cured their harvest for 40…

After veto, some Oklahoma medical marijuana businesses in license limbo

At 61, Matthew Koontz came to Oklahoma from Michigan hoping to provide a boost for his retirement savings by making his play in Oklahoma’s medical marijuana industry as a grower, and eventually, a dispensary owner selling his own products. But…

Another record month for medical marijuana sales in Oklahoma

Oklahoma's medical marijuana industry continues to break sales records. Dispensaries remitted nearly $5.1 million via the state's 7% tax on cannabis, meaning customers spent approximately $73.8 million on medical marijuana in April, according to data released by state tax officials..…

Lawmakers Push for Oklahoma to Roll out Marijuana Breathalyzer Test

State lawmakers want Oklahoma to be among the first in the U.S. to implement a marijuana breathalyzer test. Through a spending bill, they're directing the Department of Public Safety to spend $300,000 on testing units made by Oakland, California–based Hound Labs, which…

Oklahoma cannabis industry smashes record monthly sales number in April

Roll aside, toilet paper. Oklahomans rushed to purchase another product in record volume last month, as medical marijuana dispensaries logged enough sales to spike tax collections by more than 25%. According to the Oklahoma Tax Commission, dispensaries remitted almost $9.8…

Coronavirus in Oklahoma: Marijuana dispensaries roll without a rescue

No federal help is on the way for medical marijuana businesses, so the fledgling industry in Oklahoma is finding its own way through the coronavirus pandemic and economic crisis. "We've had to look at taking cost-cutting measures and increasing our…

Recreational marijuana could add $100 million for Oklahoma’s virus-shattered budget, lawmaker says of new proposal

An Oklahoma lawmaker confirmed he will begin work on a bill that would allow adult use of recreational cannabis, saying the idea is "worth exploring" especially in light of sustained economic downtown during the COVID-19 emergency. In making the announcement,…

Oklahoma’s Medical Marijuana Program-The Big Picture Part II

by Sarah Lee Gossett Parrish, Cannabis Lawyer[1] My first article, OKLAHOMA’S MEDICAL MARIJUANA SYSTEM—THE BIG PICTURE PART I, discussed the inception of Oklahoma’s medical program up through the first major piece of legislation to further regulate it, the Oklahoma Medical Marijuana…

Oklahoma’s Medical Marijuana System-The Big Picture, Part 1

by Sarah Lee Gossett Parrish, Cannabis Lawyer[1] Enough time has passed for some interesting observations concerning Oklahoma’s medical marijuana system since voters passed State Question 788 (“SQ 788”) June 26, 2018, and the Oklahoma Medical Marijuana Authority (“OMMA”) launched its…

Pot entrepreneurs flocking to the Bible Belt for low taxes

When voters in conservative Oklahoma approved medical marijuana in 2018, many thought the rollout would be slow and burdened with bureaucracy OKLAHOMA CITY -- From their keen taste for sun-ripened pot to their first meeting at a pro-marijuana rally in…