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.
Oklahoma medical marijuana sales reached nearly $1M in December
FILE – In this June 21, 2018, file photo, a laboratory manager holds a cannabis sample in Oakland, Calif. The Mormon church is backing a deal that would legalize medical marijuana in Utah, even if the ballot initiative fails in the November election (AP Photo/Jeff Chiu, File)
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