Why These Companies Are Racing to Profit from Oklahoma's Cannabis Market

With every U.S. state that goes "green," we see cannabis companies eager to serve these legalized markets. The latest state to draw cannabis investment is none other than Oklahoma. Oklahoma is one of the biggest markets in the country when you look at the number of medical cannabis cardholders per resident. It's estimated that nearly 5% of Oklahoma residents have a medical card, with 15.6 cannabis dispensaries per 100,000 residents. That puts it second only to Oregon. Doctors in Oklahoma are able to prescribe medical cannabis for any condition. As of Jan. 20, the state had 235,786 patients. Pair such a large market with the growth potential that more liberal laws offer, and you get more and more cannabis companies - like the ones I'll cover today - heading to the Sooner State... Full Story Pair such a large market with the growth potential that more liberal laws offer, and you get more and more cannabis companies - like the ones I'll cover today - heading to the Sooner State... Full Story Tags: Marijuana Industry To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why These Companies Are Racing to Profit from Oklahoma's Cannabis Market appeared first on Money Morning - We Make Investing Profitable .
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