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 days, three weeks past the minimum recommendation. The founders of Green Sky Pharms, located 45 […]
oklahoma marijuana
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 what looked to be a dream come true has slowly dissolved into a regulatory nightmare […]
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.. It’s the fourth month in a row sales increased compared with the previous month, a […]
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 are expected to be available late this year. Rep. Scott Fetgatter (R-Okmulgee) said he read […]
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 million in state taxes during April. That includes traditional sales taxes and the 7% medical […]
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 solvency on our own,” said Corbin Wyatt, CEO of Likewise Cannabis, which has dispensaries at […]
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, Rep. Scott Fetgatter, R-Okmulgee, signaled his belief that petitions for state questions 807 and 811 — […]
New petitions seek to decriminalize marijuana, legalize recreational use in Oklahoma
Two initiative petitions filed Wednesday seek to legalize recreational marijuana and decriminalize the drug in Oklahoma. The petitions also seek to enshrine in Oklahoma’s constitution many of the medical marijuana protections Oklahoma voters approved when they passed State Question 788 in 2018. The petitions, filed by eight Oklahomans who work in Oklahoma’s medical marijuana industry, […]
Medical marijuana supporters rally at Oklahoma state Capitol
Hundreds of medical marijuana supporters descended on Oklahoma’s state Capitol on Thursday to warn lawmakers not to infringe on their legal right to grow, consume and sell cannabis. Medical marijuana supporters cried foul on dozens of bills filed by state lawmakers that would increase restrictions on the production and consumption of medical cannabis. Proposed bills […]
Marijuana ‘Unity Bill’ to take effect Thursday in Oklahoma
The medical marijuana “Unity Bill” that sets up a basic legal framework for the implementation of State Question 788 will take effect Thursday. Nearly three dozen other new laws will also take effect this week. Here’s a look at some of the new laws. ‘Unity Bill’ Also known as the Oklahoma Medical Marijuana and Patient […]
