A new report reflects how the industry, which experienced a rush of entrants following approval of State Question 788 in 2018, contracted in fiscal year 2024.

A new report reflects how the industry, which experienced a rush of entrants following approval of State Question 788 in 2018, contracted in fiscal year 2024.

The law faced immediate legal challenges, and some law enforcement agencies, including the Tulsa County Sheriff’s Office, criticized it.

At least two dozen bills that, if passed, would affect the state’s medical marijuana industry are proposed by state lawmakers this year.

Medical marijuana grows are supposed to be at least 75% owned by Oklahoma residents, but Logan Jones had employees become “ghost owners” to help some operations obtain licenses through fraud.

A laboratory professional told Oklahoma Medical Marijuana Authority officials it’s impossible to meet the new testing standards: “We will never send a sample out the door meeting these requirements, ever.”

Transferring a business license now requires authorization from the Oklahoma Medical Marijuana Authority. Starting in June, customers will only be able to buy cannabis flower if it’s prepackaged.

New rules affecting the state’s medical marijuana industry that went into effect in July should help to promote stability and profitability, a cannabis industry association leader says.

The OMMA notified staffers of a 10% reduction in workforce and plans to reorganize as it “right sizes” to meet the needs of a shrinking industry.

Thousands who thought to jump into the business after SQ788 have since leaped out, and it seems likely that more will follow, according to the Oklahoma Medical Marijuana Authority director.