Marijuana entrepreneurs flocking to “Bible Belt” for low taxes

The Associated Press - March 8, 2020 9:32 am

OKLAHOMA CITY (AP) — When voters in conservative Oklahoma approved medical marijuana in 2018, many thought that the rollout would be slow and burdened with bureaucracy. Instead, business is booming so much that cannabis industry workers and entrepreneurs are moving to Oklahoma from states with more well-established marijuana cultures, like California, Colorado, and Oregon.

Those coming to Oklahoma say it’s because there are fewer costs and lower regulatory burdens. While startup costs in other states can run into the millions of dollars, Oklahoma has no restrictions on the number dispensaries, growers, and processors. All those licenses cost $2,500 annually, and the application process is relatively simple.


Latest Stories

Former Vance AFB Officer Gets Two Years for Kickbacks

OKLAHOMA CITY – ROMEATRIUS MOSS, 40, a nurse and former Air Force Major stationed at Vance...

Democratic Caucus Offers Alternative View of State’s Stimulus Needs

Workforce, Small Business, Education Communities Focus of Letter to Congressional Delegation  OKLAHOMA CITY — House Minority...

Rep. Sean Roberts, Sen. Daniels at Ceremonial Signing of HB2587, HB2588

OKLAHOMA CITY – State Rep. Sean Roberts, R-Hominy, and Sen. Julie Daniels, R-Bartlesville, attended the ceremonial bill...