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Less than six months after voters approved a state question to allow sales of medical marijuana, the first businessman in Altus to apply for growing and selling the products has his first cash crop and he’s hosting a grand opening today to help dispel myths and give advice about his products.
Buddy Wood, owner of Kiowa Wellness Center, a local distributor of marijuana-related products, moved his store to 2000 North Main Street, near The Friendship Inn, last month to have more space for products. Besides medical marijuana, he sells products with cannabidiol (CBD) and cannabigerol (CBG), two elements found in cannabis that do not include tetrahydrocannabinol (THC) which creates the hallucinogenic “high” in marijuana.
CBD reportedly provides remedies for inflammation, pain, anxiety, psychosis, seizures, spasms and other conditions, according to a brochure from Kiowa Wellness. Meanwhile, CBG has been known to kill or slow down bacterial growth, reduce inflammation, inhibit cell growth in tumor/cancer cells and promote bone growth.
Wood said the store plans to be open today from 11 a.m. to 6 p.m. to provide information for those wondering about the store’s products, but also to sell marijuana seedlings to those who have been licensed to receive medical marijuana. He said the small plants won’t grow too large but will be very potent with their smaller buds that are cultivated for medical marijuana.
He said medical marijuana license holders can own as many as six seedlings and six mature plants for their personal use.
In the store, Wood currently has two strains of medical marijuana cultivated in his private indoor growing facility near Eldorado. He also carries two other lines that were grown in other facilities.
Wood said marijuana products are divided into two main categories: sativa and indica strains. He said Amnesia, the sativa strain he currently sells, helps people focus and it relieves muscle pain. It’s also beneficial to people with Attention Deficit Hyperactivity Disorder or ADHD. He likens it to a super energy drink that keeps you focused.
Meanwhile, the Jack Herer strain he sells is an indica strain that provides the opposite: relaxation and sleep. It helps people with high anxiety, he said.
There are more than 3,000 varieties of marijuana including hybrids that vary in strength on a spectrum of the indica and sativa strains. For instance, one may be 10 percent indica and 90 percent sativa.
The store also sells pipes and other devices for smoking medical marijuana. And, he hopes to have some other products such as chocolate bars with THC for medical marijuana patients.
Wood said he’s even selling some of his cultivated marijuana buds to other stores in Altus.
He said in his growing building, plants grow as tall as five feet, and have a life cycle of about 120 days. He plans to expand his current growing operation to a few acres where he can plant and harvest plants on a 120-day rotation, with a harvest every month. At the peak of his operation, he said he should be able to harvest 60 plants every 30 days within the next six months. Each plant generates between 20 and 40 pounds of marijuana which currently sells for about $2,500 a pound on the wholesale market. Do the math and that could yield between $50,000 and $100,000 per month.
Wood said the medical marijuana industry in Oklahoma currently has about 25,000 license holders. Twenty thousand of those are for medical marijuana users while about 5,000 are for growers, processors and dispensaries, he said.
As part of his grand opening, Wood said he would be having demonstrations on how to make oil and butter by using a press to process the marijuana plant to extract oil that can be used for cooking.
He advises people who are interested in medical marijuana to study the subject. He said there have been a lot of myths thrown at the population during the last 70 years that just aren’t true. He encourages people to research the topic.
In the end, Wood will have applications available at Kiowa Wellness Center for those wanting to apply for medical marijuana.