Oklahoma regulators approved more than 7,300 business licenses in the first year of the state’s high-flying medical cannabis program, including nearly 4,300 grower permits, according to recently released figures.

The state also opened up applications for a new stand-alone license category: transporter. Previously, only licensed growers, processors or dispensaries could receive a transporter permit.

New rules are kicking that will institute industry-standard compliance systems and could accelerate a market shakeout in Oklahoma’s wide-open MMJ program.

Other rules in the coming weeks and months will deal with package labeling, product testing, waste management and seed-to-sale tracking.

Here is the breakdown of business license approvals in the first year, according to a tweet from the Medical Marijuana Authority:

Growers: 4,287

Processors: 1,173

Dispensaries: 1,848

Regulators approved applications from 178,173 patients to buy and use medical marijuana products.

Marijuana Business Factbook projects that Oklahoma MMJ sales will reach $140 million-$180 million in 2019, the first full year of market operations, exceeding original projections.

Jeff Smith can be reached at [email protected]