IDEAS home Printed from https://ideas.repec.org/a/cup/jagaec/v57y2025i3p411-426_3.html

Perceived versus Measured Impacts of Medical Marijuana on Rural Oklahoma Home Values

Author

Listed:
  • Hilburn, Sidany
  • Whitacre, Brian E.
  • Van Leuven, Andrew J.

Abstract

Oklahoma has witnessed a remarkable expansion of its medical marijuana industry since legalization in 2018, emerging as the largest in the nation in terms of both dispensaries and growers per capita. However, the ramifications of this burgeoning sector remain largely unexplored in rural areas of the state. A focus group in one rural community provides information on the most important perceived impacts of the industry, which include influences on local housing values. An event study confirms that high-grower (but not high-dispensary) counties saw housing value increases of roughly 20% post-legalization when compared to neighboring states where marijuana remains illegal.

Suggested Citation

  • Hilburn, Sidany & Whitacre, Brian E. & Van Leuven, Andrew J., 2025. "Perceived versus Measured Impacts of Medical Marijuana on Rural Oklahoma Home Values," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 57(3), pages 411-426, August.
    • Handle: RePEc:cup:jagaec:v:57:y:2025:i:3:p:411-426_3
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1074070825000136/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jagaec:v:57:y:2025:i:3:p:411-426_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/aae .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.