xtsho
Well-Known Member
Interesting article about Oklahoma.
"Not all of the 9,000 Oklahoma businesses that have obtained marijuana licenses have found their niche. In fact, many of them likely aren’t even operational: Just because someone plopped down $2,500 for a business license doesn’t mean they ever managed to open their doors. In addition, many existing businesses are struggling to make ends meet in a saturated market. Observers expect a major shakeout in the coming months, with many businesses failing or selling out to competitors."
"Malone laments the increasing presence of out-of-state operators in the Oklahoma market, fearing that mom-and-pop shops like hers won’t be able to compete against their deep pockets."
"Not all of the 9,000 Oklahoma businesses that have obtained marijuana licenses have found their niche. In fact, many of them likely aren’t even operational: Just because someone plopped down $2,500 for a business license doesn’t mean they ever managed to open their doors. In addition, many existing businesses are struggling to make ends meet in a saturated market. Observers expect a major shakeout in the coming months, with many businesses failing or selling out to competitors."
"Malone laments the increasing presence of out-of-state operators in the Oklahoma market, fearing that mom-and-pop shops like hers won’t be able to compete against their deep pockets."
How One of the Reddest States Became the Nation’s Hottest Weed Market
Oklahoma entered the world of legal cannabis late, but its hands-off approach launched a boom and a new nickname: ‘Toke-lahoma.’
www.politico.com