Medical Marijuana Revenue

Oklahoma has already generated millions in revenue because of the voter-approved medical marijuana

The Oklahoma Medical Marijuana Authority was established to oversee the medical marijuana program for the State of Oklahoma. It is responsible for licensing, regulating and administering the program as authorized by state law. Operating under the Oklahoma State Department of Health, the primary goal is to ensure safe and responsible practices for the people of Oklahoma.

Patient License Fee Revenue

Since OMMA began accepting applications, the state has generated more than $7.1 million in patient license fees.

Commercial License Fee Revenue

More than $11 million in revenue has been generated in commercial license fees.

Sales Tax Revenue

Medical marijuana dispensary sales totaled $11.5 million for January to February 2019 and have generated more than $3 million in taxes so far.

In March, approximately $873,361 came from the 7% gross receipts tax and $1,272,060 from the 4.5% state sales tax.

Read more here.

History of medical marijuana in Oklahoma

Oklahomans passed State Question 788 on June 26, 2018, making Oklahoma the 30th state to allow the sale of medical marijuana.

Since that time, the state has established a new revenue source from the medicinal marijuana regulatory process, which is overseen by the Oklahoma Medical Marijuana Authority.

OMMA began receiving applications for medical cannabis permits from patients and commercial vendors in August 2018. Both licenses have generated $18.2 million in combined revenue.

Medical cannabis expenses

Aside from personnel expenses for the OMMA, there are other expenses on the horizon. The recently-passed House Bill 2612, the Oklahoma Medical Marijuana and Patient Protection Act, will cost nearly $10 million in its first year.

The law allows employers in “safety-sensitive” fields, like firefighters and those working with hazardous materials and heavy machinery, to see if employees have medical marijuana licenses.

The measure gives OMMA the ability to govern the process and allows it to employ investigators to look into any possible violations.

Medical cannabis by the numbers

Most of the revenue, slightly more than 64%, comes from commercial applications and almost 36% of the revenue is from patient applications. The difference in the revenue is the result of the cost of applications.

The commercial application, which allows a business to become a grower, processor or dispensary, is $2,500 and the cost for a patient license is $100, with reduced fees possible for Medicare and Medicaid members. These do not include doctor fees and other costs.

The OMMA has accepted 136,838 licenses:.

• 130,288 patients.

• 1022 caregivers.

• 5,528 business.

The OMMA has approved a total of 135,219 licenses.

• 129,085 patients.

• 818 caregivers.

• 3,026 growers.

• 1,479 dispensaries.

Contact OMMA

Oklahoma Medical Marijuana Authority

P.O. Box 262266

Oklahoma City, OK 73125-2600

Patient and caregivers, businesses and physicians can visit the following website: