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How congressional marijuana votes could impact Green Country dispensaries

Posted at 6:17 PM, Dec 02, 2020
and last updated 2020-12-02 19:41:36-05

TULSA, Okla. — U.S. legislators in the House of Representatives are voting to legalize marijuana for recreational use. The Marijuana Opportunity Reinvestment and Expungement Act decriminalizes cannabis for sale, purchase, and possession.

U.S. senators spoke out in opposition to the bill. Senate leaders said the legislature's focus should be on passing a coronavirus relief package.

"We're advocates for anything that helps normalize the industry," said Taris Filenko, the CEO of Seed Cannabis Co. in Tulsa.

The industry took off in the Sooner State after it was approved for medical use by Oklahoma voters in June 2018.

Oklahoma Medical Marijuana Authority reported nearly 2,000 licensed dispensaries across the state.

"We're pretty saturated. I mean, it truly is the wild west in Oklahoma," said Filenko.

Filenko opened the first Seed in May 2019. A year and a half later, Filenko now has three locations and the state reported $40 million of revenue in November, according to OMMA.

Filenko tells 2 Works for You the possibility of legal recreational marijuana use broadens the business scope.

A scope as far as the eye can see in this industry.

"It'll open up the doors and the channels for us to market on different forums," said Filekno. "It's a good thing. It's better for everybody all the way around."

You can read all the details included in the MORE Act.

House legislators are scheduled to vote on the bill Thursday and Friday. If it passes through the House, Senators will vote on the bill next.

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