Oklahoma posts nearly $1M in medical marijuana sales in December

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Oklahoma retailers sold nearly $1 million worth of medical cannabis in December, which are strong numbers for a relatively new market with limited product availability and few open dispensaries.

Oklahoma voters approved a medical marijuana state question in June, and the industry has taken off quickly.

More than 30,000 Oklahoma patients and nearly 900 dispensaries already have been licensed.

Numbers from the Oklahoma Tax Commission show medical marijuana sales generated roughly $70,000 for state coffers from a special new tax on cannabis sales.

The agency released figures on Wednesday that show the 7% tax on medical marijuana sales generated $69,425 in December.

So far in January, more than $43,000 has been collected from medical marijuana sales. Those figures don’t include the standard sales tax, which varies from city to city.

– Associated Press and Marijuana Business Daily