Renewing Your Cannabis Business Surety Bond
Hello, this is Cannabis Business Attorney Jesse Kovacs with the OK Cannabis Law Office. Today we’re asking, if I’m a commercial grower, when do I need to renew my surety bond? The answer to that question is 30 days before your expiration of the bond, and it’s very important to do that and have the records of your renewal, or if you’re changing bonds, the new bond that you have purchased, on file with OMMA at the proper time, and again, that is 30 days before your bond expires.
Stay Compliant with OMMA Regulations
It is crucial for Oklahoma medical marijuana businesses to stay compliant with OMMA regulations, including the renewal of surety bonds. Failure to renew your surety bond on time can result in fines, penalties, or even the suspension of your license. By staying proactive and renewing your bond 30 days before it expires, you can avoid any potential disruptions to your business operations.
Get Expert Legal Guidance
If you have any questions or concerns about renewing your surety bond for your Oklahoma medical marijuana business, don’t hesitate to reach out to the OK Cannabis Law Office. Our team of experienced attorneys specializes in cannabis business law and can provide you with the guidance and support you need to navigate the complex regulatory landscape. We are here to help you protect your investment and ensure your continued success in the industry.
Contact Us for a Consultation
If you’re ready to renew your surety bond or if you need assistance with any other legal matters related to your Oklahoma medical marijuana business, contact the OK Cannabis Law Office today for a consultation. Don’t wait until it’s too late – let us help you stay compliant and thrive in this rapidly growing industry. Visit our website at oklahomamedicalmarijuana.attorney.