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Pot vote has Oklahoma hungry to rake in green from Texas

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Tens of thousands of Texans from the bustling Dallas-Fort Worth area routinely drive across the Red River to gamble in glitzy, Las Vegas-style tribal casinos or to relax at cabins or swim and ski in lakes that dot southern Oklahoma.
Soon, they could come north for another draw: recreational marijuana.
Oklahoma voters will decide Tuesday whether to approve a ballot measure that legalizes consuming the plant for adults 21 and older. The conservative state already has one of the nation’s most robust medical marijuana programs, and industry proponents hope an influx of Texas consumers will be a boon for a market that’s become saturated.
“There are thousands and thousands of Texans who are increasingly coming to Oklahoma as a tourist destination,” said Ryan Kiesel, a former state lawmaker and one of the organizers of State Question 820. “I want to be able to sell legal, regulated and taxed marijuana to those Texans over the age of 21, and take their tax dollars and invest them in Oklahoma schools and Oklahoma health care.”
The population of the booming Dallas-Fort Worth metroplex alone — closing in on 8 million people — is nearly double that of the entire state of Oklahoma.
Oklahoma is expected to see an increase of $1.8 billion in recreational sales that would generate about $434 million in excise tax revenue alone from 2024 to 2028 if the measure passes, according to an economic impact study sponsored by the cannabis industry. By far the largest number of out-of-state consumers would be from Texas, followed by Arkansas and Kansas, the report shows.
Oklahoma already has one of the most liberal medical marijuana programs in the country, with roughly 10% of the state’s adult population having a medical license. Unlike most other states, Oklahoma has no list of qualifying medical conditions, allows patients to get a recommendation from a doctor online, and gives licenses that are valid for two years.
Supporters of SQ 820 initially tried to get the question on the November ballot, but a delay in verifying the signatures led to Republican Gov. Kevin Stitt calling for a special election just for that proposal.
People in the industry say Oklahoma’s low barrier to entry led to thousands of licensed growers, processors and dispensary operators competing for a limited number of patients.

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