What does Senate Bill 913 require? I am Oklahoma medical marijuana business attorney, Ope Adegbuyi, and Senate Bill 913 took effect April 20th, 2023, and requires commercial medical marijuana grower license applicants and licensees to submit proof of one of the following to OMMA.
One, a surety bond for at least 50,000 per license or two, proof that the licensee has owned the licensed premises for the last five years. OMMA is working on a surety bond form and will post it in multiple places on their website including the omma.ok.gov slash forms location. They would also distribute the form in their monthly commercial license newsletter.
This bill is important to understand for medical marijuana business owners in Oklahoma. It states that in order to obtain or maintain a commercial medical marijuana grower license, you must provide proof of a surety bond or ownership of the location for the past five years.
OMMA’s Role in SB 913
OMMA is the governing body responsible for overseeing the medical marijuana industry in Oklahoma. They have created a process for applicants and licensees to submit their proof of a surety bond or proof of ownership. It is important to understand their process and follow their guidelines to ensure compliance with Senate Bill 913.
If you are unsure about the process or need assistance with submitting your proof of a surety bond or proof of ownership, it is important to seek legal advice from a medical marijuana business attorney.
Contact an Attorney for Assistance
Navigating the medical marijuana industry can be complicated, especially with the added requirements of Senate Bill 913. As a Tulsa marijuana growers license lawyer, I am here to help guide you through the process and ensure that you are in compliance with all regulations.
If you have questions or need assistance with Senate Bill 913 or any other legal matters related to the medical marijuana industry, please contact me at Oklahoma Medical Marijuana.Attorney. I offer a free consultation to discuss your needs and how I can assist you.