By 420 Intel on Thursday, 10 February 2022
Category: Business & Finance

Companies attempt to gobble up market share as Oklahoma's cannabis industry matures

The rush to put down dispensary roots three years ago has led to about 2,000 dispensaries doing business in Oklahoma.

It was a modern-day land run as many sought to stake a claim in the booming industry with just one small storefront, staffed by the owner and a couple of employees. But now, as the industry matures and entrepreneurs find their niche in the market, and the state ramps up enforcement efforts on ownership laws, a fight is emerging over market share as companies attempt to expand their footprint into multiple stores across multiple markets.

One business, Apothecary Farms had two grand openings last week alone.

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