The cannabis industry in Oklahoma is still in its early stages, but it has the potential to be a major economic driver for the state. A strong association can help the industry to reach its full potential and create a safe and regulated market for cannabis consumers.
In 2021, the state generated over $1 billion in cannabis sales, and that number is only expected to grow in the years to come. However, with this growth comes challenges. One challenge facing the cannabis industry will continue to be the black market.
The black market for cannabis unfortunately is thriving right now in Oklahoma. The black market poses a number of problems for the cannabis industry, including:
It undercuts the prices of legal cannabis businesses, making it difficult for them to compete.
It provides a source of cannabis for minors, who are not legally allowed to purchase it from licensed dispensaries.
It can be dangerous, as it is often laced with other drugs or chemicals.
A strong association within the cannabis industry in Oklahoma can help to address these challenges. By working together, cannabis businesses can advocate for positive public policy that will make it more difficult for the black market to operate. They can also work to educate the public about the benefits of legal cannabis and the dangers of the black market.
Here are some of the ways that a strong association can help the cannabis industry in Oklahoma:
Lobby for positive public policy: A strong association can help to lobby for positive public policy that will benefit the cannabis industry. This could include advocating for lower taxes, more lenient licensing requirements, and stricter regulations on the black market.
Educate the public: A strong association can help to educate the public about the benefits of legal cannabis and the dangers of the black market. This could be done through public awareness campaigns, educational materials, and outreach to policymakers.
Provide resources to members: A strong association can provide resources to its members, such as legal advice, marketing assistance, and networking opportunities. This can help members to succeed in the competitive cannabis industry.