On top of taxes paid on income, Oklahomans are also paying hundreds of millions to governments in order to buy the most popular medicine in the state... Cannabis.
When the Oklahoma Tax Commission published the December tax receipts from Cannabis Medicine sales, the total is expected to put 2020 totals at about $140 million. That's 2.5 times the collections from cannabis medicine sales in 2019.
Medical Marijuana businesses pay annual state licenses and fees from nearly 10,000 farmers, processors and retail shops. the fees to the OMMA, OBNDD, and other agencies average somewhere around $3,500 depending on the categories. So to compare with liquor collections, it's fair to add another $35 million in Cannabis related state fees to our totals for comparison with liquor, which is rarely a physician-recommended medicine.
So the real comparison number for state & local taxes on Cannabis products should be about $175 million for 2020.
The most recent data available from the OTC on liquor related taxes & licenses is for fiscal year 2018-19. That total is about $139 million . It includes
The Grand River Dam Authority is essential to Google's Viability
Oklahoma Congressman, Markwayne Mullin, spoke with Tulsa talk Radio, KFAQ; about his quick actions when the rioters threatened the US Congress. He explains why he overruled the capitol security and how they handled his objections.
We've posted a transcript, along with the audio podcast link.