Ponca City, OK

Now: 92 °F

Currently: Partly Cloudy

Hi: 92 °F | Lo: 72 °F

Thursday

Hi: 93 °F 

Lo: 75 °F

Friday

Hi: 97 °F 

Lo: 74 °F

Saturday

Hi: 96 °F 

Lo: 72 °F

Sunday

Hi: 94 °F 

Lo: 71 °F

Monday

Hi: 93 °F 

Lo: 72 °F

Medical marijuana sales reach nearly $1 million in December

The Associated Press - January 17, 2019 1:15 pm

OKLAHOMA CITY (AP) – 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.

 

Latest Stories

Carbon monoxide detectors to be required in subsidized housing

More than 150 people die in the United States each year from accidental non-fire related carbon...

Three Ark City residents arrested in connection with pool burglary

ARKANSAS CITY, Kan. — The Arkansas City Police Department arrested three Arkansas City residents Monday in...

ODOC investigating potential homicide of Davis Correctional Facility inmate

HOLDENVILLE, Okla. — The Oklahoma Department of Corrections is investigating the potential homicide of an inmate at...