Our list of active Oklahoma licenses includes a contact, email and phone number for the 700 cultivators, 191 manufacturers and 453 dispensaries. After reviewing the data, we wanted to share some preliminary observations:
- There is a very low threshold to obtain a license in this state. The fee is $2,500, which is payable by credit card, and is non-refundable.
- There is no cap on licenses which is why the numbers are so large. This will likely create some market saturation issues because if each of the 453 dispensaries opened, there would be one for every 11 citizens in the state!
- The Oklahoma Medical Marijuana Authority has deemed these licenses as “Active” though in other states these would likely be characterized as “Applied”. It will likely be many months before these businesses are open.
Cannabiz Media will continue to monitor developments there including how many of the 1,344 go through the step of registering with the Oklahoma Bureau of Narcotics and Dangerous Drugs Control (OBNDD) after receiving a license from OMMA.
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