Bill would end Rx marijuana’s tax exemption

OKLAHOMA CITY – The medical marijuana industry may take a big hit if a Republican lawmaker gets his way when the Oklahoma Legislature convenes in February. State Sen. George Burns (R-Pollard) has filed a measure that would move the sales tax exemption for marijuana growers and processors.

Medical marijuana sales in Okla. top $1.6B

OKLAHOMA CITY – Residents of the conservative, “red” state of Oklahoma – the state that has one of the highest, if not the highest, rates of incarceration of men and women alike – have spent $1.6 billion on medical marijuana since voters legalized it in 2018.

MMJ sales reach 2nd-highest level

OKLAHOMA CITY – Medical marijuana sales in Oklahoma have been soaring for two consecutive months.

OKC attorney questions recent MMJ headlines

OKLAHOMA CITY – An Oklahoma City attorney who represents more than 200 marijuana-related businesses in Grady County claims his clients are operating inside the law although recent headlines suggest others are selling legally grown marijuana on the black market.

Rx marijuana sales reach record high again

OKLAHOMA CITY – Medical marijuana sales in Oklahoma set a record in April for the second consecutive month. The 7% state tax on purchases of medical marijuana products generated $6,235,994 in tax receipts last month, a nearly 45% increase from April 2020. The $6.

Rx marijuana sales soar to record high

OKLAHOMA CITY – Medical marijuana sales in Oklahoma soared to a record high in March. The 7% state tax on purchases of medical marijuana products generated $5,946,977 in tax receipts last month, a nearly 74% increase from March 2020. MMJ tax collections, coupled with the $7.

Rx marijuana sales start ’21 on high note

OKLAHOMA CITY – Medical marijuana sales in Oklahoma started 2021 on a high note. ]The 7% state tax on purchases of medical marijuana products generated $5.22 million in tax receipts last month, a 59.65% increase from January 2020. The MMJ taxes, coupled with the $6.

Cannabis tops alcohol in Oklahoma in 2020

OKLAHOMA CITY – Marijuana surpassed alcohol as the revenue-producing palliative of choice in Oklahoma last year. Beverage taxes and licenses produced a little over $133 million in 2020, Oklahoma Tax Commission ledgers reflect. That sum included $30.8 million from “strong” beer taxes, $40.