The New Owner’s Information Has to Be Submitted
Video Transcribed: What are the two ways to transfer ownership of a medical marijuana license? I am Ope Adegbuyi, a medical marijuana business lawyer in Oklahoma
In this video, I’ll be talking about the first way to transfer ownership. During the license renewal process, the current owner can transfer the license to the new owner by submitting the required documentation of the new owner, the change of ownership.
If necessary, a business name change and/or a location change could be completed as part of the renewal process for the standard renewal application.
Basically, that means that the change of ownership can’t be done during the renewal process. So rather than putting your own information, you put in the new owner’s information.
For help with that or for more information from a medical marijuana business license attorney in Tulsa, you can contact me at oklahomamedicalmarijuana.attorney.