Oklahoma Collects Nearly $10 Million in Medical Cannabis Tax Revenue in April
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Oklahoma Collects Nearly $10 Million in Medical Cannabis Tax Revenue in April

April’s figures break the previous record of $7.8 million, which was set in March.

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May 7, 2020

Oklahoma collected $9.8 million in medical cannabis tax revenue in April, which breaks the previous record of $7.8 million that was set in March, according to The Oklahoman.

The Oklahoma Tax Commission’s figures include traditional sales taxes and a 7% medical cannabis tax, the news outlet reported.

Oklahomans spent roughly $61.4 million on medical cannabis in April, which equates to nearly $217 per registered patient, according to The Oklahoman.

The tax revenue increase from March to April represents the highest month-to-month increase since last summer, the news outlet reported.