The Oklahoma Cannabis industry faces a significant oversupply issue in the regulated medical cannabis market.

 In a report for the Oklahoma Medical Marijuana Authority, numbers show the supply of regulated cannabis surpassing the demand by over 32 times. The state's total demand for medical cannabis could be filled at least 4.5 times, which is the 'highest' rate of any state.

 The report states that the absence of production management tools, the low barriers to entry, and the lack of enforcement are the reasons for the oversupply issue.

 The state looks to address the issue by extending the moratorium on cultivation licenses, incorporating a tiering system, using regulatory technology for enforcement, and authorizing inspections and investigations.

 The full report is available here.