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HB2272 Marijuana Lottery

Soonerpolitics
Soonerpolitics - 424 Views
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424 Views
Published on 11 Mar 2021 / In News and Politics

Rep. Josh West (R-Grove) just got House passage of a massive revenue-raising measure for the state legislature to spend as they please. HB2272 radically changes how State Question 788 directed the creation of a free enterprise system for growing, processing, and distributing cannabis medicines in Oklahoma.
Current law, passed by the voters; allows all law-abiding residents to seek a business license for $2500 from the Oklahoma Medical Marijuana Authority (OMMA). The new licenses (if any get issued) will be awarded to lottery winners who purchased a $12,500 MMB lottery ticket from the OMMA.
The legislature is now seeking to take significant funding away from the OMMA and capping the licenses totals this fall. Then a moratorium will block any new licenses and the legislature will revoke licensed Medical Marijuana businesses (MMBs) if they fail to meet certain commerce quotas. No safeguards are included to make sure remote locations have access to legal medicines, should their in-county dispensary be shut down for underproducing taxable sales quotas.

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