Oklahoma's medical marijuana industry has grown rapidly. Currently, the state leads the nation in the number of cannabis dispensaries, and it ranks second for dispensaries per capita.
Journal Record editor Russell Ray discusses two reports that give insight into the prevalence of Oklahoma's cannabis business. The medical marijuana industry in Oklahoma really surpassed all expectations. In September, there were more than 1,700 licensed dispensaries here in Oklahoma. That’s well above California’s nearly 600 dispensaries. And all this is according to a report from Cannabiz Media. Now the founder of Cannabiz described Oklahoma’s numbers as “astonishing.”
The Oklahoma Tax Commission reported retail sales of medical marijuana exceeding more than $345 million. And according to some projections, Oklahoma’s medical marijuana market could grow to become a $700 million-a-year industry.
Oklahoma has the most licensed dispensaries of any state that has allowed this industry. Oklahoma now leads the nation in the number of cannabis dispensaries with more than 2,200.
Turns out Oklahoma has the most licensed dispensaries of any state that has allowed this industry. And of course, California legalized medical marijuana and eventually recreational marijuana before Oklahoma did.
If you’ve driven through the metro recently, you might have noticed the increase of dispensaries popping up everywhere.