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Oklahoma Leads Nation In Number Of Cannabis Dispensaries

Feb 12, 2020
The Rabbit Hole medical marijuana dispensary at 2500 NW 23rd St. in Oklahoma City. Oklahoma ranks first in licensed cannabis dispensaries and second in dispensaries per capita, according to recent national reports.
(Journal Record file photo)

Since 2018, Oklahoma's medical marijuana industry has grown rapidly. Currently, the state leads the nation in the number of cannabis dispensaries, and it ranks second for dispensaries per capita. Journal Record editor Russell Ray discusses two reports that give insight into the prevalence of Oklahoma's cannabis business. 

Oklahoma will now exclude cannabidiol, a non-intoxicating chemical found in marijuana, from its definition of the drug.
Dank Depot / Flickr Creative Commons

A new medical marijuana law recently took effect in Oklahoma, regulating product labeling and drug testing policies. But since cannabis remains illegal federally, banks are still unsure on how to safely serve the industry. On the latest Business Intelligence Report, Journal Record editor Russell Ray discusses the state's new regulations, as well as how proposed legislation could protect banks.