Oklahoma Medical Cannabis Business & Marijuana Legal News

Price war erupts among Oklahoma medical marijuana dispensaries

Medical cannabis dispensaries in Oklahoma are engaged in a price war, fueled by an oversupply of retail stores and no qualifying medical conditions required for an MMJ card, according to a nonprofit journalism publication. There are 2,242 licensed dispensaries, according to the latest figures from the Oklahoma Medical Marijuana Authority. According to Oklahoma Watch: There […]

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New filing to legalize recreational marijuana in Oklahoma

Supporters of recreational cannabis in Oklahoma refiled a petition to legalize adult-use marijuana in the state. The original petition was criticized by those who feared it would hurt Oklahoma’s fast-growing medical marijuana industry. Michelle Tilley,  the executive director of the Oklahoma branch of the American Civil Liberties Union who filed the new paperwork with Ryan Kiesel, […]

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MJBizCon 2019: Cannabis industry recognizes year’s challenges as it looks forward to longer-term growth

LAS VEGAS – Members of the cannabis industry’s brain trust used the first day of MJBizCon to share predictions for 2020 and describe how changing attitudes in the United States might affect future marijuana legalization efforts – plus more coverage from this week’s conference in Las Vegas. In his keynote presentation Wednesday, Chris Walsh, president and […]

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Marijuana social equity

The Boston City Council approved an ordinance creating an independent Cannabis Board, in an effort to boost involvement of minority entrepreneurs in Massachusetts’ growing pot industry. The move also creates the state’s first local fund supporting minority-owned firms, according to officials. – Associated Press

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Chart: Oklahoma medical marijuana sales far exceed expectations

In less than a year, Oklahoma’s medical marijuana industry went from nonexistent to one of the largest and most valuable cannabis markets in the nation. According to tax receipts released by the Oklahoma Tax Commission, sales of medical marijuana in the state stood at just over $258 million through the first 10 months of 2019 […]

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Oklahoma to license cannabis labs, but businesses must test batches

Medical marijuana regulators in Oklahoma are close to licensing testing laboratories, but MMJ growers and processors in what had been a lightly regulated market have been required to test product batches for pesticides and potency for nearly two months. State regulators said they would begin accepting lab applications on Nov. 1. Melissa Miller, assistant director […]

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Oklahoma credit union stops serving medical cannabis companies

A credit union serving Oklahoma’s medical marijuana industry decided to stop doing so, a move that affects nine accounts and deals a setback for the state’s MMJ companies. Tulsa-based Encentus Federal Credit Union told the Tulsa World that serving the MMJ industry was too costly and the regulatory burden too great. The credit union informed […]

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Oklahoma green lights 7,000-plus medical marijuana licenses in first year

Oklahoma regulators approved more than 7,300 business licenses in the first year of the state’s high-flying medical cannabis program, including nearly 4,300 grower permits, according to recently released figures. The state also opened up applications for a new stand-alone license category: transporter. Previously, only licensed growers, processors or dispensaries could receive a transporter permit. New […]

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Chart: Medical marijuana markets expanding at varying rates, with Oklahoma, Florida setting the pace

While medical marijuana is legally available in 36 states and Washington DC, the fragmented nature of the industry – each state creates its own set of rules – means each market grows at a different rate. The new quarterly release of the Marijuana Business Factbook presents updated profiles of each state market, highlighting the growth […]

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7 Oklahoma cannabis shops file suit, seek release from ‘Facebook Jail’

Seven Oklahoma medical marijuana dispensaries have sued Facebook, claiming the social media giant placed them in “Facebook Jail” for posting about their operations. The lawsuit by the Oklahoma dispensaries is the latest of a flurry of complaints by cannabis companies against Facebook and other social media sites, such as Instagram. “Facebook Jail” is when a […]

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Oklahoma cannabis firm faces copyright lawsuit

A Canadian children’s entertainment company filed a lawsuit accusing a medical marijuana dispensary chain based in Tulsa, Oklahoma, of copyright infringement. Toronto-based Nelvana Enterprises’ suit, filed in federal court in Tulsa, alleges that Treehouse Dispensaries “willfully copied and is using a confusing similar imitation” of a logo it has employed in children’s television programming since […]

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Oklahoma medical cannabis businesses prepare for ‘necessary’ rules that will up compliance costs

Oklahoma medical marijuana companies are on the verge of facing new regulations that will increase compliance costs. Expanded costs are expected in a wide range of operations, including: Seed-to-sale tracking and package labeling. Product testing. Waste management. The regulations require MMJ businesses to install inventory tracking systems by late August and devote more resources in […]

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