Marijuana Business Factbook 2019

Marijuana Business Factbook 2019 Chapter 2 | State-By-State: Legal Overview, Market Data and Outlook 142 © Copyright 2020, Marijuana Business Daily , a division of Anne Holland Ventures Inc. You may NOT copy this Factbook, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call (720) 213-5992, ext. 1. OKLAHOMA Medical REGULATORY OVERVIEW Main measure Oklahoma State Question 788 Type of measure Ballot Measure Year passed 2018 Margin of victory 57% to 43% Possession limit Up to 3 ounces per purchase (up to 8 ounces of usable marijuana at home), 72 ounces of edibles, 1 ounce concentrate, 6 mature plants and 6 seedlings Patient registry Mandatory―registration must be completed by patient’s physician Accepts patients registered with other states? Yes Home cultivation Yes Restrictions on type of marijuana allowed to be sold? No, though businesses are prohibited from manufacturing or selling MMJ products that are intentionally attractive to children or minors. Qualifying medical conditions No qualifying conditions are specified, but doctors recommending MMJ are required to do so according to "accepted standards a reasonable and prudent physician would follow when recommending or approving any medication." Business regulations Moderate. Among other things, businesses are required to use an inventory tracking system, providing monthly sales reports and account for any waste in the process. All MMJ businesses will be subject to audits and must keep detailed financial records for at least seven years, while marijuana processors will be subject to additional inspection of premises druing regular hours of operation. Businesses must also meet certain security requirements and adhere to specific packaging and labeling standards. Regulations drafted during the legislative session were enacted in August.