Oklahoma Moratorium on New Cannabis Businesses Extended to 2026

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Oklahoma Gov. Oklahoma Attorney General Getner Drummond praised the governor for taking action against illegal cannabis activity. “I want to thank Gov. Kevin Stitt recently renewed a moratorium on new medical cannabis businesses. The bill gives authority to the Oklahoma Attorney General’s Office, the Oklahoma Bureau of Narcotics and Dangers Drugs Control, and the Oklahoma State Bureau of Investigation to manage the state’s medical cannabis regulation, according to a news report from Oklahoma News4. By January 2022, an estimated 400,000 medical cannabis licenses were issued by the OMMA.  This year in March, Oklahoma voters went to the ballot to decide on recreational cannabis initiative State Question 820.

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Oklahoma Gov. Kevin Stitt recently renewed a moratorium on new medical cannabis businesses. Stitt originally signed legislation for the ban in May 2022, which took effect in August 2022 and was set to expire in August 2024. However, upon signing HB-2095 earlier this month, the moratorium was updated with an extension until August 1, 2026.

The bill gives authority to the Oklahoma Attorney General’s Office, the Oklahoma Bureau of Narcotics and Dangers Drugs Control, and the Oklahoma State...

Read the full article @ High Times