Medical Marijuana Sales Continue to Smash Records in Oklahoma
Sales of medical marijuana in Oklahoma topped $73 million last month, the highest monthly total yet, the Oklahoma Tax Commission reported.
The data shows May sales generated more than $11.6 million in tax revenue last month, including $6.5 million in state and local taxes and another $5.1 million from the marijuana excise tax.
The medical marijuana business has been booming in Oklahoma since voters approved a citizen-led initiative petition in 2018 that made it easy and relatively inexpensive for patients, dispensaries and growers to obtain a license.
Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Popular Today
- Cotality: Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’
- Definity Financial to Buy Travelers Cos.’ Canadian Operations for $2.4 Billion
- Florida’s Slide Insurance Files for Initial Public Stock Offering
- Lawsuit Says Former Trident Exchange CEO Was ‘Self-Dealing’ on IT Work