A medical marijuana cultivation facility in Maud, Oklahoma, had an estimated $95,000 worth of marijuana plants destroyed when a tornado tore through the facility on Thursday.
The twister totaled some 95% of the 50 greenhouses on the property, according to TV station KOCO 5 News.
The owners of the facility are part of the local Hmong community and have been growing for about two years. No one was injured in the storm.
The tornado underscores the threat that natural disasters and climate change can pose to the cannabis industry, and why growers in particular may need to rethink their cultivation strategies.
Are you a social equity cannabis license holder or applicant?
The MJBizCon team is now accepting 2023 Social Equity Scholarship Program applications.
The mission of this program is to provide social equity cannabis license holders or applicants access to the #1 global cannabis industry conference + tradeshow in Las Vegas.
Who can apply?
- Students currently enrolled in a cannabis-related program at an accredited university or college.
- Cannabis executives at licensed social equity cultivation, extraction/processing, retail, manufacturing/brand businesses (or awaiting application approval).
Don’t miss out on this potentially life-changing opportunity.
Apply to attend MJBizCon today – The application period will close on July 24!
The state medical marijuana regulatory agency told KOCO 5 News its agents are in the area to make sure licensed marijuana product is secure.
Recently, medical marijuana businesses in the state were given until May 26 to become compliant with a Metrc seed-to-sale tracking system after a negotiated agreement to move forward.