Ope Adegbuyi, Esq.
Medical Marijuana Attorney for Commercial Agreements
A business owner ordinarily needs to draft, negotiate and manage agreements of all kinds with customers, vendors, contractors, suppliers and numerous other parties. At some point, getting the process right usually requires the advice of a competent business lawyer. A skilled business lawyer often drafts contracts and agreements so the business owner can focus growing the business without worrying about tedious details of fine print in lengthy contracts.
For medical marijuana businesses in Oklahoma, the assistance of a skilled business lawyer is even more important because of the many special requirements of Oklahoma medical marijuana laws. The best approach to make sure your business documents are solid, with no hidden mistakes that can result in catastrophic damage to your enterprise is to engage a medical marijuana lawyer for contracts and agreements. Call a medical marijuana lawyer today for the professional expertise you need for reliable commercial contracts.
Special Requirements and Medical Marijuana Contracts
Under Oklahoma’s medical marijuana statutes, entrepreneurs are required to follow extremely specific business procedures, not only with regards to the cannabis in their inventory, but also with other businesses that supply, process or sell their product. The detailed laws and rules effectively require a business engaged in transactions with other medical marijuana businesses to police and monitor those other business’ compliance with Oklahoma medical marijuana laws. To stay in compliance, and have the authority in contracts or agreements to verify your suppliers, producers or vendors are in compliance, you need to establish business terms by agreement that are precise and specific to the Oklahoma cannabis industry.
A competent medical marijuana lawyer in Oklahoma can help get your contracts right and keep you in compliance. OK Cannabis Law Office assists with:
- Distribution agreements;
- Transport agreements;
- Real estate contracts;
- Security vendor contracts;
- Buyer agreements;
- Advertising and marketing arrangements; and
- Investor proposals and partnership arrangements
Sale of Marijuana Businesses in Oklahoma
The transfer 0f assets for medical marijuana entrepreneurs can be fraught with legal and financial peril. Clients often ask how to sell a medical marijuana dispensary in Oklahoma. We try to make such complex matters simple for clients. Grow facilities, processing equipment, retail locations and other medical marijuana industry assets all have value apart from the OMMA licenses that permit their use.
People sell dispensaries in Oklahoma, or grow facilities or processing production lines for numerous reasons. Sometimes one partner buys out other partners. Some entrepreneurs decide to cash out and move on to a new venture. Others outgrow facilities and sell assets before moving to a larger scale setting. Divorce, the death of an owner or legal disqualification can all lead to sale of medical marijuana business assets. Let our experience inform your asset transfer strategy.
Contact Us for a Free Consult
Find out today how a medical marijuana lawyer at OK Cannabis Law Office can help you with a compliance audit of your current agreements and draft agreements going forward that keep your business on the right side of the law. Call OK Cannabis Law Office today at (918) 932-2879.