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420 with CNW — Oklahoma Recreational Cannabis Petitioners to Begin Signature Collection in August

A group in Oklahoma pushing to legalize recreational cannabis for adults 21 and older is preparing to begin collecting signatures to get the issue on the ballot. The proposed measure, State Question 837, would legalize recreational cannabis and apply local and state taxes to its sale. It would also eliminate the current excise tax on medical cannabis and introduce a 10% tax on adult-use purchases. 

Will this second attempt deliver the needed policy change? Major marijuana companies in and outside the country, such as SNDL Inc. (NASDAQ: SNDL), will be watching as…

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About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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