Gov. Mary Fallin signed off this week on the do-over in Oklahoma’s emergency medical marijuana regulations – rules that revert to more business-friendly MMJ provisions.
They:
- Permit sales of smokable marijuana.
- Remove the requirement for each dispensary to have a licensed pharmacist.
- Lift restrictions on THC levels.
The revisions, adopted last week by the state Board of Health, reversed ones regulators hurriedly passed last month.
Fallin, a Republican, said in a statement Monday that the new regulations “are very basic and represent the best option in developing a proper regulatory framework for medical marijuana.”
Based on the current provisions, Marijuana Business Daily projects Oklahoma MMJ’s market could reach $100 million to $150 million annually within several years of its launch.