Hello Everyone, so it has been a minute since my first post, and I apologize! I have been out exploring the new world of medical marijuana here in the Sooner state. I can tell you that my emotions have been mixed with highs and lows. The highs have been really great experiences with dispensaries, really awesome patient interactions, the growing Oklahoma cannabis community, and some really great bud. There is only one thing that contributes to the low, however, it outweighs everything on the other list. The medical marijuana in Oklahoma is VERY EXPENSIVE.
Did you get that? We are talking $$$$. Examples? I got plenty; 1/8th of flower is anywhere from $35.00 to $60.00, a quarter is anywhere from $70.00 to $120.00, and an ounce is $120.00 to $375.00. Yes, you read that right, OVER 300.00 for an ounce! Guess what? It isn’t the dispensaries fault, and I know that. It also isn’t the growers or the processors’ faults either. We simply have not had enough time lapse for enough cannabis to be grown for the demand since SQ788 passed.
It’s Good Ol’ Supply and Demand
Think about this, the state of Oklahoma has more medical marijuana dispensaries than it has McDonalds. That is a whole lotta green and not a lot of yellow. However, there isn’t enough green harvest yet to go around, so HELLO premium prices. The demand is outreaching the supply, and this is just the beginning. There are more than 22,000 applications that have been approved with thousands more awaiting the stamp of approval. Out of that number, 785 are dispensaries, and 1,200 are licensed growers, which leaves a pretty large chunk of that original number to the medical patient application approvals.
Here in Oklahoma, we hope that this new year marks the beginning of a price drop. We for sure are not asking for Oregon pricing here, because we want the cannabis community to grow and thrive. We are asking for normal prices that match the quality of the product.
Which brings me to a couple of points:
- Point number 1, grabbing shake from different strains and mixing them together is not a “premium blend.”
- Point number 2, taking pictures off of Leafly and posting them as your strain that you are selling is fooling no one once they get to the store.
I do want to leave everyone with this positive note; I am so proud of how fast we are building this community Oklahoma! We might be experiencing some bumps along the road, but we are all learning and growing together!
Positive Vibes Always,