Oklahoma Medical Marijuana Market
Becoming a Low-Cost Producer in Oklahoma is Key to Surviving and Thriving
Eyes are on Oklahoma for adult-use on the 2022 ballot. Signatures have been submitted for verification for State Question 820, a statutory path to legalization. Signautres are still being collected for State Question 819 which is expected to also make the ballot and would legalize adult-use via a constitutional amendment.
Oklahoma voters overwhelmingly approved a statewide ballot measure – State Question 788 – to implement a medical marijuana program during the June 26, 2018 primary election.
Licensing applications for Oklahoma medical marijuana businesses are available and being accepted by the state. Currently, there are no limits on the number of licenses awarded, and no deadlines set for the application process.
Becoming a low-cost producer by having efficient processes in place to survive the competition is one of the main aspects of business success in the Oklahoma medical marijuana market, as is preparing your business for compliance. Contact our team today for help troubleshooting your grow, and make sure to avoid these common cultivation mistakes.
Contact our cannabis consulting experts today to learn what you should be doing now for your cannabis business to survive and thrive in Oklahoma.
Cannabis Business Guidance in Oklahoma
For those interested in opening a medical marijuana business in Oklahoma, the time to start planning is now.
Taking the time to put together a financial model and business plan now will help position you to raise capital, secure properties, win local approval, and recruit potential team members.
Market Conditions in Oklahoma
Entrepreneurs who are operating in the Oklahoma medical cannabis industry should be preparing for survival by optimizing efficiencies to produce at the lowest cost possible and identifying areas of risk for your business being out of compliance.
Stay up-to-date on medical marijuana in Oklahoma
The cannabis industry is changing rapidly in Oklahoma, and Canna Advisors can help develop your cannabis business while navigating the state-specific regulations. For the latest news and events in the cannabis industry, visit our Blog and News and Events pages, and have a look at some of the following top articles on cannabis in Oklahoma.
A smarter, more strategic approach to Oklahoma cannabis business operational efficiency
Learn our proven expertise to successfully optimize your Oklahoma cannabis business.