Yo, peep this: there’s a dope pot farm up for grabs on an auctioning website, and it’s the law enforcement officers from a sheriff’s office in Oklahoma who are selling it. After a major surge in both legal and illegal cannabis operations, they’re left with seized assets that they gotta get rid of.
Check it, the Johnston County Sheriff’s Office in Tishomingo, Oklahoma posted this seized farm on Bidz4Assets.com, which is some auction website based in Maryland. It’s a sick 19.24-acre lot near Coleman. You can bid on it from September 11 to September 13 at an online auction.
But wait, there’s more! They got other seized items up for grabs too. We talkin’ grow lights, light controllers, HVAC systems, wall fans, water pumps, and even refrigerators, man.
Now, here’s the deal. The opening bid is a hefty $755,006. And if you wanna participate, you gotta drop a single deposit of $25,035.00. But here’s the catch—you also gotta pay a nonrefundable processing fee of $35. Deposits gotta be received by Bid4Assets no later than the end of the day on Wednesday, September 6. So better get your cash in order if you want a shot at this sweet pot farm.
Sheriff Gary Dodd ain’t playin’ around, he said in a statement, “We’re looking for buyers who gonna be responsible with this property. The previous owners were definitely not responsible with it, feel me? So if you use your farm to grow illegally, we gonna seize it and sell it.” That’s how they roll in Johnston County.
But hold up—there are some disclaimers you gotta know about before you start droppin’ those bids. The Johnston County Sheriff’s Office got the right to reject any and all bids for any reason. They can also pull the property from the auction whenever they feel like it. And they reserve the right to cancel the sale before they even hand over the deed. So keep that in mind, playa.
Now let’s talk about how Oklahoma been strugglin’ with these illegal grow operations. Law enforcement agents been raidin’ these spots and seizing millions of dollars’ worth of that sticky-icky. They hit up this farm near Coleman and reportedly took down like 20,000 illegal cannabis plants. That’s some serious green, man—over $30 million worth!
Bid4Assets teamed up with the sheriffs and attorneys to get legislation passed so they could do these foreclosure auctions online. And it worked! Gov. Kevin Stitt signed Senate Bill 976 on May 25, 2022, thanks to Sen. Casey Murdock. Now they can get those auctions poppin’ on the internet.
But let me tell you, Oklahoma got a major black market problem when it comes to cannabis. Sen. James Inhofe was out here tryna get $4 million in federal funds to fight these illegal grow ops in the state. He knows what’s up, man.
And it ain’t just the state officials who are worried. The Oklahoma Bureau of Narcotics is frustrated too, bro. They think these international drug organizations and cartels might come through and take advantage of the medical cannabis scene in Oklahoma. They be gettin’ legit licenses and then sellin’ that product to states where weed is still illegal. Smart move, but not cool, man.
Alright, now let’s talk about Oklahoma’s oversupply of cannabis. The voters legalized medical weed back in 2018 with State Question 788. It was supposed to be all cool and regulated, but it turned out to be one of the most loosey-goosey markets in the whole damn country.
According to Fox 23, Oklahoma produces like 32 times more weed than it actually needs. That’s a lot of ganja, my friend. The Oklahoma Medical Marijuana Authority did a study that showed they got a supply-and-demand ratio of 64 grams of weed supplied for every 1 gram of demand from licensed patients. That’s way outta balance, man.
So the state passed House Bill 3208 to pause new licenses for two years. They got over 2,200 dispensaries, which is more than California, Oregon, Alaska, Washington, Nevada, and New Mexico combined. It’s a crazy amount to regulate, dude.
They also passed a bunch of bills last year to tighten up the regulations on the medical cannabis industry. Now new dispensaries and grow operations gotta be at least 1,000 feet away from schools. Gotta keep those kids safe, ya know?
But here’s the kicker—last March, voters rejected a state question that would’ve allowed for adult-use cannabis. Seems like not everyone in Oklahoma is down with getting high.
So there you have it—Oklahoma sheriff’s office sellin’ off a seized pot farm on an auction website. The state’s got a major weed problem with all these illegal grow ops takin’ over. But they’re tryna get it under control. Let’s see how it all plays out in the end.