Cannabis News Box

Oklahoma rakes in 1.5 times more medical cannabis taxes than all of 2019

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 15, 2020

Excise taxes gleaned through Oklahoma's medical cannabis program this past August have demonstrated a major increase in revenue from the month prior. This is according to the Oklahoma Medical Marijuana Authority (OMMA) which claims that tax revenue for 2020 has already surpassed figures from the entire...

Oklahoma cannabis companies fight over residency and zoning restrictions

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 10, 2020

Business owners operating in Oklahoma's medical cannabis market have fought back against the enforcement of a harsh two-year residency requirement and 1,000-foot school buffer zone. Regulators are starting to feel the pressure from frustrated "cannapreurs", who are keen to overthrow the strict rules. ...

Oklahoma sees record medical cannabis state taxes as Arkansas consumers stock up

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 11, 2020

The low cost of cannabis in Oklahoma has prompted hordes of Arkansans to make the five-hour drive for a stash top-up. As a direct effect of this, Oklahoma’s medical cannabis market has boomed in value, whereas the medical cannabis market in Arkansas has struggled to retain customers. A report r...

Oklahoma generated record medical cannabis tax revenue in March

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 20, 2020

States that legalize cannabis stand to benefit the local economy, with sales taxes contributing to various community programs and funding projects. In Oklahoma – where medical cannabis was legalized on June 26, 2018 with the passing of voter-approved voters approved State Question 788 – the resu...

Facebook sued by seven Oklahoma medical cannabis businesses for discrimination

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 21, 2019

Cannabis shop owners in seven separate Oklahoma locations have filed an angry lawsuit against the world's largest social media platform, Facebook. Allegations have been made against the master creation of Mark Zuckerberg by plaintiffs who claim that they've unfairly been locked in “Facebook jail” as ...

Oklahoma’s medical cannabis industry raked in $18 million in revenue last month

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 22, 2019

According to tax officials in Oklahoma, medical cannabis sales reached $18 million last month. It’s not just sales revenue that is climbing but also, the number of patients who are being prescribed medicinal-grade pot as a treatment. The cannabis plant’s primary cannabinoids tetrahydrocannabinol...

Oklahoma Medical Marijuana Authority