Medical marijuana sales reach nearly $1 million in December

The Associated Press - January 17, 2019 1:15 pm

OKLAHOMA CITY (AP) – Numbers from the Oklahoma Tax Commission show medical marijuana sales reached nearly $1 million in December, generating about $70,000 for state coffers from a special new tax on pot sales.

The agency released figures on Wednesday that show the 7 percent tax on medical marijuana sales generated $69,425 in December. So far in January, more than $43,000 has been collected from medical marijuana sales. Those figures don’t include the standard sales tax that varies from city to city.

Oklahoma voters approved a medical marijuana state question in June , and the industry has taken off quickly . More than 30,000 Oklahoma patients and nearly 900 dispensaries already have been licensed.

The Oklahoma Medical Marijuana Authority has generated more than $10 million in licensing fees.

 

Latest Stories

Arnold, Robinson run for more than 100 yards as OU stuns No. 7 Alabama 24-3

By CLIFF BRUNT AP Sports Writer NORMAN, Okla. (AP) — Oklahoma’s fans literally couldn’t wait to...

Morton, Brooks lead Texas Tech to a 56-48 win, keep OSU winless in Big 12 play

By HALLIE HART Associated Press STILLWATER, Okla. (AP) — Behren Morton and Tahj Brooks each accounted...

Fred Harris, former US senator from Oklahoma and presidential hopeful, dies at 94

By RIO YAMAT Associated Press (AP) — Fred Harris, a former U.S. senator from Oklahoma, presidential...