Medical marijuana sales soaring in Oklahoma, top $23M in May - KTEN.com - Texoma news, weather and sports

Medical marijuana sales soaring in Oklahoma, top $23M in May

Posted: Updated:
Medical marijuana dispenser Adelia White opposes adding regulations to the state's existing laws. (KTEN) Medical marijuana dispenser Adelia White opposes adding regulations to the state's existing laws. (KTEN)

OKLAHOMA CITY (AP) -- Medical marijuana sales are continuing to climb in Oklahoma, topping $23 million in May and marking the eighth straight month of growth for the new industry.

Figures from the Oklahoma Tax Commission show the state collected more than $1.6 million in May from the 7% excise tax on marijuana. Another $2 million was collected in state and local sales taxes.

To date, medical marijuana sales have generated nearly $10.7 million for state coffers.

Sales have grown significantly each month since dispensaries began selling cannabis in October.

The number of people eligible to obtain the drug also is continuing to skyrocket. The Oklahoma Medical Marijuana Authority says it has approved nearly 130,000 patient licenses since August.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Submit a News Tip

    Do you have a news tip for KTEN?

    Begin by entering your email address in the field below or call 903-548-4010

    * denotes required fields
    We're sorry, but only one entry is allowed per person.
    Thank you for your continued interest.

    Your news tip has been submitted. If you provided contact information, we might use it to reach out to you if additional information is required.