Oklahoma has OK’d more than 1,000 medical marijuana businesses

Oklahoma cannabis law, Oklahoma has OK’d more than 1,000 medical marijuana businesses

Oklahoma’s business-friendly medical cannabis law is seemingly coming to fruition: Regulators already have approved more than 1,100 business licenses with roughly 500 additional applications in the pipeline, according to a tweet by state officials Monday.

That total comes less than a month since the state started taking applications Aug. 25.

The ballot initiative approved by voters in June called for regulators to make decisions within two weeks of application if paperwork was in order.

Here’s how the licensing approvals break down so far:

  • 377 dispensaries
  • 593 growers
  • 165 processors

In total, the state said, it had received 1,619 business applications as of Monday morning.

Oklahoma regulators also have approved applications from 3,786 patients and 27 caregivers.

Regulators started dispensary training recently, according to Tulsa TV station KTUL.

Sarah Lee Parrish, a cannabis attorney at Derryberry & Naifeh in Oklahoma City, told Marijuana Business Daily she wasn’t concerned the market would become saturated.

“Just like any other industry, you’ll have some businesses that are wildly successful and others that struggle,” she said. “That’s just the nature of our free enterprise system.”

Parrish, who is representing a number of businesses that applied to get into the market, said the beauty of Oklahoma’s system is that it enables both the well-funded and the “little guys” to become involved. Entities must be 75% owned by Oklahoma residents, she noted.

Oklahoma’s MMJ market, projected at $100 million-$150 million a year, may not stay as wide open as it is now, Parrish acknowledged. The program is operating under emergency rules, but the state Legislature is expected to pass permanent regulations next year.

“Who know what will happen once the Legislature steps in,” she observed.

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12 comments on “Oklahoma has OK’d more than 1,000 medical marijuana businesses
    • Kriss Lynn on

      You are not suppose to have it, but I’m not sure if it’s September or October but sometime before the end of 2019, a law was in motion to be passed so people who have gun permits, can also get there medical marijuana license

    • Melissa on


      I am a licensed cultivator in Oklahoma for THC Health, LLC, and I am also a patient activist. I am glad to help answer any questions you have getting your license.

      Can you shoot me an email at [email protected], and let me know how I can help?


      Melissa Tanner

      • Russ Neese on

        I’m interested in purchasing your products. Please call Russ at 3105085840 at your earliest convenience. Opening dispensaries in OK. Our dispensary info is not up on our website yet.

  1. Go Print USA on

    From a business perspective, it’s a gold rush. CBD stores have popped up all over Oklahoma City (just like vaping stores did not too long ago). Dispensaries, growers, and processors are the next wave. In time, the cannabis based enterprises will thin out as the glut of businesses trying to make it big is out pacing demand.

  2. Monica Pua on

    So many medicinal patients and people who are ill are going to benefit because of this.

    Having a access to medicinal grade cannabis, in different forms (oils, pens, edibles, topical, trans-dermal patches, and know exactly what you are getting every time is a life saver for so many of us.

    Great news all around!

  3. Kevin Murphy on

    Wow! That’s a lot of cannabis choice out there! Another achievement of cannabis advocates in Oklahoma. Nice post!

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