Oklahoma Gov. Signs Bill Requiring $50K Bond for Cannabis Cultivators

April 24, 2023 · Ganjapreneur

Oklahoma Gov. Kevin Stitt (R) last week signed a measure requiring all state-approved cannabis growers to hold a $50,000 bond, which lawmakers hope will combat the illegal grows in the state, FOX 23 News reports. The law requires the bond to be paid upfront before the new operations can begin and can be recalled to fund any remediation of the site if it is abandoned or if the license is revoked.  

In a statement, Attorney General Gentner Drummond applauded the bill’s passage and the governor’s approval. He described the legislation as “an important tool to recover after eliminating one of these criminal enterprises.”  

Oklahoma has one of the country’s most permissive medical cannabis programs and state law enforcement officials have been cracking down on illegal operators while lawmakers have been passing bills to reign in unlawful operations. The Senate last month passed a bill that would allow the director of the state Medical Marijuana Authority to shut down cannabis operations that are damaging the environment.  (Full Story)

In categories:Legalization Medical
Tags:
Next Post

Georgia nears launch of medical cannabis sales

Medical cannabis dispensaries in Georgia are expected to open within weeks, nearly eight years after lawmakers first approved an MMJ program. According to The Atlanta Journal-Constitution, medical marijuana retailers could open as early as late May. Georgia is among 40 states and…
Read
Previous Post

North Carolina House Speaker Says Senate-Approved Medical Marijuana Bill Has ‘Better Chance Of Passing’ Than Ever Before

The top North Carolina House lawmaker says that medical marijuana legalization has “a better chance of passing this year than in any time in the past,” and he expects a Senate-passed reform bill to be taken up by his chamber’s…
Read
Random Post

Long Beach, California Tackles Stoned Driving with Safety Program

Long Beach, California is developing ways to teach local residents how to responsibly consume cannabis without getting behind the wheel. Given that cannabis sales in Long Beach contributed more tax revenue in 2022 than oil, it’s a big facet of the…
Read
Random Post

Art Rolls: A New Standard for Rolling Papers

Imagine if your everyday rolling papers and products were as artistic and influential as that tasty cannabisstrain you’re about to roll up and smoke. Art Rolls Inc. is a premium craft rolling paper company ready to express art and creativity…
Read
Random Post

Study: Cannabis Doesn’t Increase Heart Attack Risk

Middle-aged adults with a history of cannabis use over the previous year did not have a higher risk of suffering a heart attack, according to the results of a recent study by researchers at the University of California in San…
Read
Random Post

Nebraska Medical Marijuana Campaign Makes ‘Final’ Push For The Ballot, As Activist Blasts Governor’s Opposition As A ‘Cop Out’

This is the third election cycle in a row that Crista Eggers has led the fight to put medical marijuana legalization on the Nebraska ballot. But this is the last time, she says. Defeat is simply not an option she’s…
Read