Oklahoma medical marijuana sales reached nearly $1M in December

by ASSOCIATED PRESS

OKLAHOMA CITY (AP) — Numbers from the Oklahoma Tax Commission show medical marijuana sales reached nearly $1 million in December, generating about $70,000 for state coffers from a special new tax on pot sales.

The agency released figures on Wednesday that show the 7 percent 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 that varies from city to city.

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.

The Oklahoma Medical Marijuana Authority has generated more than $10 million in licensing fees.

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">html</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*