Refresh Checked Unchecked Menu Search Shopping bag Geolocation Person Facebook Instagram Twitter YouTube Info Icon CBC Icon CBC Shape CBD Icon CBD Shape CBG Icon CBG Shape THC Icon THC Shape THCV Icon THCV Shape
Advertise on Leafly

Medical Marijuana Sales Soar in Oklahoma, Topping $23M in May

June 7, 2019
Counting money at a cash register used at small businesses
OKLAHOMA CITY (AP) — Medical cannabis sales are continuing to climb in Oklahoma, topping $23 million in May and marking the eighth straight month of growth for the new industry.
Related

Oklahoma’s Green Rush Is Even Wilder Than You Imagine

Figures from the Oklahoma Tax Commission show the state collected more than $1.6 million in May from the 7% excise tax on marijuana. Another $2 million was collected in state and local sales taxes.

To date, medical marijuana sales have generated nearly $10.7 million for state coffers.

Sales have grown significantly each month since dispensaries began selling cannabis in October.

Related

Why CBD works better with a little THC (even if you don’t want to get high)

The number of people eligible to obtain the drug also is continuing to skyrocket. The Oklahoma Medical Marijuana Authority says it has approved nearly 130,000 patient licenses since August.

The Associated Press's Bio Image

The Associated Press

The AP is one of the world's largest and most trusted sources of independent newsgathering.

View The Associated Press's articles