What is SB18X?
I’m Ope Adegbuyi, a medical marijuana business attorney in Tulsa, Oklahoma. SB18X is a bill that creates the Medical Marijuana Tax Fund. The funds credited to the account will be allocated to the legislation’s discretion to support the operations and initiatives of OMMA and for the purposes of funding substance abuse programs and common education.
While SB18X doesn’t directly impact businesses, it’s important to be aware of the entire financial landscape that your cannabis business interacts with. Being aware of upcoming fee increases, small businesses should begin to proactively refine their financial plans.
Effective July 1st, 2023
SB18X will be effective July 1st of 2023.
For more information, you can contact me at OklahomaMedicalMarijuana.Attorney.
Get a Low-cost Strategy Session Today
If you have any questions or concerns about SB18X or any other legal matters related to your medical marijuana business, feel free to reach out to me, an OMMA compliance lawyer, for a initial strategy consultation. I’m here to help guide you through the complexities of the industry and ensure your business remains compliant and successful. Call me at (918) 932-2879 to schedule your consultation today.