There is hereby created in the State Treasury a fund for the Oklahoma Medical Marijuana Authority to be designated the “Medical Marijuana Tax Fund”. The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Authority from tax proceeds collected pursuant to Section 426 of Title 63 of the Oklahoma Statutes. All monies accruing to the credit of the fund shall be appropriated at the discretion of the Legislature for the purpose of funding substance abuse programs and common education including but not limited to funding redbud school grants pursuant to Section 3-104 of Title 70 of the Oklahoma Statutes.
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