This Is What You Should Know Before Setting up a Marijuana Dispensary in Oklahoma |
Posted: April 30, 2019 |
Oklahoma is one among many US states that have legalized medical marijuana. The legalization came following a vote in June 2018, and this means that now marijuana possession is legal to use for medical purposes but with a state-issued license. The legalization news was taken with much enthusiasm, and just a few months later, the cannabis industry was booming! Oklahoma become a marijuana hotbed within a blink of an eye leaving people with questions since it’s a known conservative state. Notably, only Oklahoma residents over 18 years are allowed to seek a medical marijuana license so that they can get marijuana from dispensaries. A lot of patients have been registered so far indicating that the legalization move was a long-awaited one. However, some of the residents have turned to marijuana use for recreational purposes. This means that the law has been compromised, but measures are being put into place to curb this. Following the need and demand for more licensed dispensaries in the state, a lot of people have shown interest in setting up some. However, here are some facts you should know and consider before setting up a dispensary in Oklahoma. The law. Oklahoma marijuana laws have put into place rules and regulations that should be followed in the event that one is interested in joining the cannabis industry. The laws apply to the growers, processors, transporters, and dispensary license holders. For dispensary owners, one must be an Oklahoma resident in order to qualify for licensing. This means that it’s only open to the people who reside in Oklahoma and non-residents have no chance of starting a marijuana dispensary. Secondly, one must be 25 years of age to be guaranteed a license. The age limit ensures that dispensary owners can be held accountable for their code of conduct in the business. It’s generally believed that a person aged 25 and above understands his actions and consequences that may arise as a result. Thirdly, one needs to be registered to conduct business in the state. The registration involves getting a business license after meeting all the licensing requirements. For a marijuana dispensary owner, these requirements include proof of residency in Oklahoma and identity, a fee for the registration paid to the Oklahoma State Department of Health, fingerprints, and a digital photograph as well as proof that the intended dispensary location is at least 1,000 feet from any school, public or private. Lastly, apart from the laws dictating to whom the dispensary owners shall sell their products to (only licensed medical patients holding a valid and up to date license) they also dictate the purchase limit for the medical marijuana patients which is three ounces a day. Marijuana dispensary owners who go against this provision shall be held accountable for their conduct according to the state laws. The Market. The marijuana business in Oklahoma is flourishing beyond everyone’s expectations since legalization. This, in essence, means that the market is pretty good. Interestingly, other states that legalized marijuana earlier are experiencing growth challenges, which is not the case with Oklahoma. As much as there is a good number of licensed dispensaries, the income for all of them keeps flowing effortlessly with time. Oklahoma marijuana laws continue to enforce acquiring a license in order to make sure that every businessperson meets the law requirements. The state is still issuing licenses to interested patients and dispensary operators at an alarming rate. The number of licensed patients has been on the increase over time, and this calls for more dispensaries as well as marijuana growers. This literally means that anyone interested in starting a marijuana dispensary in Oklahoma, it’s not too late, and the market is still there, not just a market but a blossoming market. Farmers in Oklahoma are rushing to start commercial growth operations in order to feed the market. The rush will keep the supply flowing for dispensary operators who in turn shall meet their patients’ demand. For the state government, this results in an increase in revenue, thus ensuring a smooth running of the state’s operations. Market prices, on the other hand, are not stagnant but they keep increasing with the increase in demand. Oklahoma is now creating the most accessible medical cannabis programs in the US, a success that most people didn’t anticipate. It’s clearly evident that for you to set up a marijuana dispensary in Oklahoma, you must abide by the laws spelled out by the Oklahoma Department of Health. This will help in maintaining a healthy business relationship with the state as well as the patients.
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