Business Law

Overall, the intersection between federal and state law in Oklahoma’s medical marijuana industry presents a complex legal landscape that businesses must navigate carefully. From banking services to taxation, interstate commerce, employment policies, and federal law enforcement, there are numerous legal implications that businesses need to consider. Seeking guidance from a knowledgeable Oklahoma marijuana business law attorney can help businesses ensure compliance with all laws and regulations while operating successfully in this rapidly growing industry. Contact us today for more information and assistance with legal issues related to medical marijuana in Oklahoma.

It’s crucial for medical marijuana business owners in Oklahoma to understand the legal considerations surrounding hiring practices. From ensuring employees are properly licensed by the OMMA to navigating federal laws like drug-free workplace acts, there are important factors to consider. As an OMMA compliance lawyer in Tulsa, I can provide guidance and support to help you navigate these complexities and ensure your business is operating within the bounds of the law. If you’re a medical marijuana business owner in Oklahoma, don’t hesitate to reach out for assistance in understanding and implementing the necessary legal requirements for hiring employees in this industry.

Any Changes Could Be a $500 Fee   Video Transcribed: We are continuing with the question of, what are the two ways to transfer ownership of a medical marijuana license. I am Ope Adegbuyi, a medical marijuana business lawyer in Tulsa, Oklahoma. And in my last video, I talked about the first way, which is […]

During the process, the current owner can transfer the license to the new owner by submitting the required documentation of the new owner.

If you’re selling your license or transferring ownership to someone, then you have to go through the change of ownership application process.

You need to submit a separate application and an application fee for each license type, such as a processor, grower, or dispensary.

The first offense of selling to a minor is $2,500. The second offense will be $5,000 and also a revocation of your business license.

They’re doing this because businesses that have out-of-state owners have contracted with brokers to create sham agreements and ghost owners.

Dispensaries, grow, and waste disposal facilities must provide proof that they are not within 1000 feet of the property line of any school.

Adult use licenses are restricted by the OMMA inspection rules, city permits, and the 1000-feet perimeter requirements still apply.

For a medical marijuana business license, one must pass an Oklahoma background check to see if the applicant does not have a criminal history.

The holders must comply with directives of the Department of Health. The holders must accept notices issued and served according to law.

So, according to OOMA, businesses should submit their renewal application between one and 60 days before the license expires.

if you are transferring the ownership, changing your name, and changing your location, the total amount would be 1500.

You can acquire the license through a transfer of ownership, so the current owner would have to transfer their license ownership to the new owner.

And the short answer is yes, definitely. Those documents do a really great job of listing out who the owners of the company are, at what percentage, what every owners’ rights, obligations, and responsibilities are, not only to the company but to the other owners of the company. And also, it is also a requirement when submitting for your business license.

Normally, the main issues that I see behind leases, particularly in the cannabis industry, are going to be possibly threefold.

As a requirement for your Oklahoma medical marijuana cannabis business license, you are required to produce some forms of governing documents on behalf of your company.

A retainer is you put X amount of dollars into a trust account, and we bill off of that X amount of dollars, and you are billed.

A transportation agent license lets you transport your medical marijuana products from your facility to a different dispensary.