Oklahoma Growers To Pay $50K Deposit for License Under New Law

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It’s getting a lot more expensive to grow medical cannabis under a new Oklahoma law. Outdoor medical cannabis grow facilities are organized into eight tiers, and the largest ones will also have to pay an additional $250 per acre. Anthony Moore (R-Clinton), sponsored a bill that would impose a $50,000 bond in order to gain a grow license. News on 6 reports that growers of all kinds will be forced to pay the deposit under the new law. Indoor, greenhouse, or light deprivation medical cannabis grow facilities are organized under seven tiers—the largest of which will have to pay an additional $250 per acre on top of the $50,000 deposit.

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It’s getting a lot more expensive to grow medical cannabis under a new Oklahoma law.

Two Republican lawmakers in Oklahoma, Sen. Darcy Jech (R-Kingfisher) and Rep. Anthony Moore (R-Clinton), sponsored a bill that would impose a $50,000 bond in order to gain a grow license. Gov. Kevin Still signed the bill on April 20. 

The reason for the bill is a pile-up of abandoned properties of grow operations that didn’t make it for one reason or another.

“Our state has had many problems with marijuana grows abandoning land and leaving behind a large mess,” Jech said....

Read the full article @ High Times