Medical Marijuana Gross sales Soar in Oklahoma, Topping $23M in Could

[ad_1]

OKLAHOMA CITY (AP) — Medical cannabis gross sales are persevering with to climb in Oklahoma, topping $23 million in Could and marking the eighth straight month of development for the brand new business.

Figures from the Oklahoma Tax Fee present the state collected greater than $1.6 million in Could from the 7% excise tax on marijuana. One other $2 million was collected in state and native gross sales taxes.

To this point, medical marijuana gross sales have generated almost $10.7 million for state coffers.

Gross sales have grown considerably every month since dispensaries started promoting cannabis in October.

The variety of folks eligible to acquire the drug additionally is continuous to skyrocket. The Oklahoma Medical Marijuana Authority says it has permitted almost 130,000 affected person licenses since August.

[ad_2]

Latest posts