Oklahoma Medical Marijuana
Oklahoma Approves Medical Marijuana Program
Oklahoma voters overwhelmingly approved a statewide ballot measure – State Question 788 – to implement a medical marijuana program during the June 26 primary election.
Emergency Rules are available, and applications will be released on July 26, 2018. Applications won’t be accepted until August 25, 2018.
Currently, there are no limits on the number of licenses awarded, and no deadlines set for the application process. The new emergency rules place substantial restrictions beyond what are allowed by the law, and will likely trigger lawsuits.
One unique aspect of Oklahoma’s proposed law is that employers may not discriminate against medical marijuana patients in hiring, termination, or when imposing conditions of employment. While employers may still terminate employees for marijuana use in the workplace, the initiative would prohibit employers from taking action against employees as a result of a positive drug test or their status as a medical marijuana patient.
As of now, home grow is allowed, and patients may smoke their own flower. Dispensaries may only sell pills, oils, topicals (including creams, ointments, gels), tinctures, liquids, or “a form medically appropriate for administration by vaporization or nebulization”. Dispensaries cannot sell flower, dry leaf, plant form, plants, or seedlings.
Opportunity 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.
Conditions in Oklahoma
Entrepreneurs and investors who are interested in getting into the Oklahoma medical cannabis industry should start their pre-license positioning now.
What's the Latest on Cannabis Legalization in Oklahoma?
Cannabis legalization is changing rapidly, and Canna Advisors can help develop your cannabis business from the ground up while navigating these state-specific regulations. For the latest news and events in the cannabis industry, visit our Blog and News and Events pages, or have a look at some of the following top articles on cannabis legalization in Oklahoma.
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