Oklahoma’s medical cannabis market has the highest patient saturation of any state in the U.S., with nearly 8% of residents registered.
That rate is more than 2x that of other markets with relatively high saturation (e.g., Arizona, with 3.4%).
Oklahoma has achieved its remarkable participation rate within two years, whereas Arizona’s saturation rate grew over more than nine years.
Oklahoma notably also has more licensed cannabis retailers per resident than does any other state, including those with both medical and adult- use markets.
While Oklahoma has 5.35 licensed cannabis retailers per 10,000 residents, Montana follows it with 3.54 — less than two-thirds of those in the Sooner State.
The state’s outlying number of cannabis business licenses is a function both of its keeping no statewide cap, and the relatively low cost of a license; compared to $2,500 in Oklahoma, cultivation licensure costs 80x more in New York ($200,000), 50x more in Maryland ($125,000), or 40x more in Illinois ($100,000).
