Oklahoma medical marijuana sales continue to smash records

The Associated Press - June 2, 2020 8:48 am

OKLAHOMA CITY (AP) — Numbers from the Oklahoma Tax Commission show that sales of medical marijuana in Oklahoma are continuing to smash records. Figures released on Monday show medical marijuana sales in May topped $73 million, the highest monthly figure so far.

The data shows that May sales generated more than $11.6 million in sales tax revenue. That includes $6.5 million in state and local sales 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 simple for patients and dispensaries to get a license.

 

Latest Stories

No. 9 OU women remain unbeaten with 88-58 victory over UNLV

LAS VEGAS (AP) — Senior Skylar Vann scored 15 points and her sister, freshman Zya Vann,...

Bryce Thompson scores 17 points and OSU beats Miami 80-74 in the Charleston Classic

CHARLESTON, S.C. (AP) — Bryce Thompson scored 17 points, Marchelus Avery had 15 points and eight...

Freshman Jeremiah Fears, Duke Miles propel OU to 84-56 victory over East Texas A&M

NORMAN, Okla. (AP) — Freshman Jeremiah Fears finished with 20 points, Duke Miles scored 19, and...