Oklahoma Marijuana Prices Drop to Nation’s Lowest in Most Categories

Study Shows Oklahoma Among Cheapest in U.S.

A new report finds Oklahoma now has some of the lowest marijuana prices in the nation, with the exception of one category — pre-rolls, where Oregon edges slightly cheaper.

Why Prices Keep Dropping in Oklahoma

The steep decline comes from classic supply and demand imbalance. Oklahoma’s rapid legalization led to an explosion of growers and dispensaries, far outpacing consumer demand.

This oversupply continues to force down prices across categories:

• Flower

• Concentrates

• Edibles

• Vapes

Broader Implications for Industry and Consumers

While low prices benefit consumers, businesses are struggling to stay afloat. Many dispensaries and growers say razor-thin profit margins threaten the long-term sustainability of the industry.

Experts predict further consolidation in Oklahoma’s cannabis market as weaker operators exit and larger players stabilize operations.