According to the December monthly report from the Oklahoma Tax Commission, medical marijuana sales dropped in SEMINOLE COUNTY between October and November. Tax revenue brought in a total of $46,080.36 in November. This was $2,605.62 less than the $48,685.98 that was collected in the previous month.

This was the second month in a row that a decrease in marijuana tax revenue was reported. It is actually a return to more normal figures following an unusually high return in the September report at both the county and state level. Although pot sales dropped off in the City of Seminole, revenue in Wewoka was almost double compared to last month.

Marijuana sales are subject to state and local taxes, just like any other commercial product. These funds are returned to the local City, County and State entities where they were collected, just like any other sales tax revenue. The November report shows collections from October.

The most recent total for Seminole County included $14,153.68 collected in City/County tax and $12,319.72 collected in State tax for a total of $26,473.40 in local and state sales tax.

The Oklahoma Medical Marijuana Authority (OMMA) does not receive sales tax money. The OMMA website explains that, instead, SQ 788 authorized a 7% excise tax on retail sales of sales from dispensaries to patients. This revenue goes first to OMMA’s authorized budget. Then, 75% of excess revenue from excise tax collections goes into the States general revenue, and can only be spent for common education, while the other 25% of excess revenue is apportioned to OSDH and earmarked for drug and alcohol rehabilitation and prevention. The December (November) total included $19,606.96 in excise tax that was collected in Seminole County. These funds are included with the City/County and State taxes to reach the total of $46,080.36 collected in Seminole County.

The portion of this tax revenue that was generated in the CITY OF SEMINOLE was $40,838.83. This was $5,205.68 less than the $46,044.51 collected last month. This included $12,260.91 in City/County tax and $11,009.34 in State Tax for a total of $23,270.25 in state and local tax. An additional $17,568.58 in Excise Tax brought this to the $40,838.83 total. In the CITY OF WEWOKA marijuana sales generated a total of $5,241.53 in tax revenue. This was $2,600.06 more than last month’s $2,641.47 total tax revenue. The report states that this included $1,892.77 in City/County tax. $1,310.38 in State tax was also collected for a total of $3,203.15 in state and local tax plus another $2,038.38 in Excise Tax.

There were no figures provided for THE CITY OF KONAWA in the October report.

There were no statistics for Konawa in the December report. STATEWIDE tax revenue generated by marijuana sales totaled $8,484,877.28 in the December (November) report. This was $627,857.85 less than last month’s $9,112,735.13 total. This included $2,350,482.29 in city and county tax plus $2,435,912.42 in state tax for a total of $4,786,394.71 combined, plus $3,698,482.57 in excise tax to reach the $8,484,877.28 overall total. Oklahoma voters authorized the state’s medical marijuana program in 2018 with their approval of State Question 788. The Oklahoma Medical Marijuana Authority (OMMA) was created as the regulatory agency for the state’s medical marijuana program. OMMA was part of the Oklahoma State Department of Health until October 31, 2022. It became an independent state agency on Nov. 1, 2022, when SB 1543 took effect.