Oklahoma Medical Cannabis Business & Marijuana Legal News

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 have installed inventory tracking systems by late August and devote more resources […]

Read More

Oklahoma’s medical cannabis program powered by rapidly growing patient pool

Oklahoma’s medical marijuana sales are exceeding projections, thanks to patient participation rates among the highest in the country. The Oklahoma Medical Marijuana Authority has enrolled more than 3.5% of the state’s population as patients in its first year, according to the Tulsa World.  The stronger-than-expected participation rate is near the top of all MMJ programs […]

Read More

Marijuana Business This Week: Canopy, Acreage shareholders vote, Springfield selects, OK inspects & more

Here are some notable stories and events to watch for in the coming days: DAY OF DECISION: Shareholders of Canopy Growth and Acreage Holdings are scheduled to vote Wednesday on the much-heralded megamerger of the two companies. If consummated, it would become the first major Canadian/U.S. cannabis transaction. Each company’s shareholders will vote separately. At least […]

Read More

Dixie Brands to enter Oklahoma marijuana market through deal with Globus

Dixie Brands, a Denver-based consumer packaged goods company, said it is entering the Oklahoma medical cannabis market through a manufacturing and distribution agreement with Globus Holdings. Oklahoma marks the sixth state where Dixie has operations. The company trades on the Canadian Securities Exchange under the ticker symbol DIXI. There are roughly 130,000 medical marijuana patients in […]

Read More

Oklahoma health regulators to begin inspecting medical cannabis businesses

The Oklahoma health department will begin inspecting manufacturers and dispensaries that produce or sell food and beverage products infused with CBD and medical marijuana. Those businesses are required to have food licenses and the grace period for getting them has passed, health officials told Oklahoma City TV station KFOR. To read more about the department’s […]

Read More

OK seeks to loosen rules about who can recommend medical cannabis to patients

Oklahoma’s medical marijuana market could see an additional sales boost if lawmakers continue on their path to pass two measures that would open up the ability for additional physicians and nurse practitioners to participate in the program. The reworked bills advanced through a House Rules Committee this week, the Tulsa World reported. If the full […]

Read More

Oklahoma governor signs medical marijuana rules into law

Oklahoma Gov. Kevin Stitt signed into law regulations governing the state’s rapidly growing medical cannabis industry – rules that aren’t expected to curb the market’s growth. The Republican on Thursday signed a measure known as the “Unity Bill” because it’s supported by various factions of the cannabis industry. The measure received bipartisan support in the […]

Read More

Oklahoma medical cannabis measure heads to governor

A bill that’s on the watch list for Oklahoma’s medical marijuana businesses is on its way to Gov. Kevin Stitt’s desk for his signature. According to The Oklahoman, the state Senate voted 43-5 on Monday to approve a bill that sets up regulations for inventory testing and tracking, advertising, packaging and labeling, among other issues. The legislation […]

Read More

Medical marijuana regulations clear Oklahoma Senate panel

A bill to regulate Oklahoma’s booming new medical marijuana industry has cleared another legislative hurdle on its way to the governor, positioning the state to impose new regulations governing tracking, advertising and other areas. The Senate Rules Committee voted unanimously Wednesday for the measure, known as the “Unity Bill” because it’s supported by various factions […]

Read More

Oklahoma medical cannabis sales surpass $7 million in February

Oklahoma’s new medical marijuana market is continuing to blossom, hitting more than $7.2 million in sales in February alone. That’s up from $4.3 million in January, after a $1 million sales month in December, the first full month of MMJ sales in the state. Oklahoma voters legalized medical marijuana just last June, and the state’s business-friendly MMJ […]

Read More