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.
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
