Oklahoma Cannabis Law
Third Step to Start a Medical Cannabis Business in Oklahoma
Step three to starting a medical cannabis business in Oklahoma is to apply for and obtain your employer identification number from the IRS. Read more »Second Step to Starting a Medical Cannabis Business in Oklahoma
So now that you've found your location and you've registered your business with the Oklahoma Secretary of State, your next step would be obtaining your certificate of good standing from the Oklahoma Secretary of State. And you would also print off the certificate of compliance from the OMMA website, and you would take it into whatever department within the city, county, township, municipality that the property that you're going to operate your business from is located in. Read more »How Oklahoma State Question 813 Was Created
Our proposed ballot title simply states this, "This measure adds new article to the Constitution of the State of Oklahoma. This article will heal state question 788, which the Oklahoma State Legislatures, the Oklahoma Medical Marijuana Authority, the Oklahoma Bureau of Narcotics and Dangerous Drugs, the Oklahoma State Department of Health, local governments has desecrated since 57% of Oklahoma voters passed state question 788 on the historic day of June 26, 2018. This article will not only heal the damage created by those named above. It will responsibly legalize, regulate and tax adult use marijuana for persons aged 18 and older under state law." Read more »Oklahoma State Question 813: Medical Marijuana Tax
State question 813 was written to help fix a lot of the problems in our Medical Marijuana Program and because there's several state questions that were filed late last year and earlier this year that proposed recreational use marijuana, it was decided when they were drafting state question 813 to fix the Medical Marijuana Program that they would add adult use marijuana, but it's in a very controlled format and fashion. Read more »First Step to Starting a Medical Cannabis Business in Oklahoma
We get a lot of questions about, "Where do I start?" And it's becoming more and more frequent that I'm getting those questions, so I'd like to discuss, where do you start? There's a couple of different ways to start, and the first one is setting up your LLC. If you don't know how to do that, we can do that for you all day long. However, you also need to start with having a location for your business. So how do you find a location? What town do you get it in, or do you start your business in? Because we've got 77 counties, we have a lot of towns, even places I've never heard of before. So you have to look around. Read more »Oklahoma State Question 812 Revisited by a Dispensary Owner
State question 812 is a constitutional amendment and it's a criminal justice reform bill that simply does the following. It releases prisoners from prisons and jails for possession of marijuana. It keeps people from going to jail for marijuana possession in the future and it expunges the records of those who have been convicted of marijuana offenses for possession in the state and the state has to pay for the expungement. It's pretty simple. Read more »Common Medical Marijuana Patient Problems
There are Common Medical Marijuana Patient Problems. I've come across a lot of medical marijuana patient license holders, who are under the impression that they can either, A, sell medical marijuana or their cannabis that they're cultivating under their patient license, or B, cultivating medical marijuana at another location, other than the location for which they're licensed to, other than the location that they put on their actual application. Those two things are huge no-no. Read more »State Question 813, Section 11: Parental/Grandparent Rights
According to State Question 813, Section 11: Parental/Grandparent Rights: No parent, stepparent, foster parent, guardian, or grandparent who has a medical marijuana license issued by the Oklahoma Medical Marijuana Authority, shall be denied custody, visitation, or parenting/grandparenting time with a minor child. No parent, stepparent, foster parent, guardian, or grandparent shall be denied custody, visitation or parenting/grandparenting time with a minor child for being an adult use marijuana consumer. We call adult use, others usually call it recreational. So there's a difference here, licensed medical marijuana patient, and adult user or consumer. Read more »What Are Medical Marijuana License Patient Employment Protections?
What Are Medical Marijuana License Patient Employment Protections? Well, lets look at what state question 813, section 10 says about Medical marijuana license patient employment protections. Number one, no employer/contractor operating a business within the state of Oklahoma shall test any employee/contractor or a potential employee/contractor for THC/medical marijuana, provided the employee/contractor or potential employee/contractor has a valid Oklahoma Medical Marijuana Authority patient license. What this means is you go to get tested for a new job. You show your card. They can't test you for THC. Read more »Could State Question 813 Fix the Oklahoma Medical Marijuana Program?
A patient licensed by the Oklahoma Medical Marijuana Authority shall have the right to grow their medical marijuana inside their home without unduly burdensome input, taxation, rules or regulations from the state, county, city township, municipality, or any other local governmental agency and/or entity. A patient licensed by the Oklahoma Medical Marijuana Authority shall have the right to grow their medicine, medical marijuana in their yard without unduly burdensome input, taxation, rules or regulations from the state, county, city, township, municipality, or any other local governmental agency and/or entity.
A patient licensed by the Oklahoma Medical Marijuana Authority shall have the right to have in their possession, in their home all medical marijuana flower, trim, shake, root ball, and leaves yielded from their home grow harvest without fear of being over the legal limit, providing they can provide proof that the medical marijuana is from their home grow, i.e., pictures or video evidence, absent evidence to the contrary by the State of Oklahoma or any law enforcement agency. Read more »Oklahoma State Question 812 Is the Decriminalization of Marijuana
The state of Oklahoma shall decriminalize marijuana/cannabis, marijuana paraphernalia, marijuana infused products and marijuana concentrates, marijuana concentrate smoking devices immediately upon the passage of this article. Upon the passage of this article, the Oklahoma Department of Correction shall immediately release any and all offenders serving time for the following cannabis/marijuana related offenses Read more »Is Your Oklahoma Medical Marijuana Business in Danger?
Are you a medical marijuana business owner in the state of Oklahoma? There was a Supreme Court opinion that was released on July 9th, and it may have some serious implications to your Medical Marijuana business. Read more »What Type of Disputes Take Place in a Corporation?
As a general rule, shareholders are required to have an annual meeting with the business to conduct business dealings. With that, multiple things could be brought up on the agenda for the shareholders. Let's say you have a situation where the majority shareholder of a business is basically forcing the minority shareholders to do something that could lead to a detriment of the business. There's plenty of case law on this. Let's say the majority shareholders are literally trying to have a hostile takeover of the corporation and force out all of the minority shareholders either because they don't have a controlling vote or maybe because they have a subordinate type of stock, what have you. Read more »The Gospel Behind Lawsuits and Suing Your Other Business Partners
We're going to talking about suing your business partners, the other members of the LLC, majority owners of a share of a corporation, or even board of directors for that matter, all in the same video. If you want to watch the particular steps of the other business structures, look at the previous videos. As a general matter, again, most of these situations are going to be prefaced with in-house negotiations or arbitrations what have you. Then from there, you'll be able to have that ability to actually file a lawsuit as a minority shareholder, or as a general member of an LLC. Read more »The Facts Behind Dispute Resolution, Mediation and Arbitration
As a general matter, it's usually a best business practice to keep any disputes between owners of a business in-house, as much as possible. That's why for most operating agreements on limited liability companies, they already have baked in arbitration provisions. Read more »Can Conflict Occur Between Owners of a Business?
As a general matter, members of a LLC have two different fiduciary duties to a business. The first one being a duty of loyalty. Second one being a duty of care. A duty of loyalty is self-explanatory. It entails that a individual owner of a business will put the interests of that business before their personal interests or before the interest of any other business or any other individuals. Read more »How Voting Affects an LLC
Depending on what the ownership interest in the business are, there could or could not be a single member of the LLC, that holds a controlling ownership interest, a controlling voting strength, and also can constitute a quorum on their own behalf. Read more »What Type of Disputes Occur in an LLC?
As a general matter LLCs are governed by what's called an operating agreement. In that operating agreement, you'll have terms set out as far as how much someone's ownership interest in the business is, what their percentage interest in the business is, meaning how much money or how much of a percentage of the profits of the business they are lawfully allowed to take, how much their voting strength is, the principal place of business on the operations, how member meetings go, all of those different types of things. Read more »Breaking Down the Dicey Disputes Dispensary Owners Can Suffer
One of the things that's starting to evolve in this industry are as these businesses start to go on and mature, obviously there's some disputes that arise in between the owners of the business, whether that be because of bad business practices or maybe there's potential theft, maybe there's fraud that's being committed, what have you. We're actually going to start this conversation with dealing with a general partnership. Now as a general matter, I don't personally create these. However, there are some businesses that do operate under this framework. When it comes to winding up that business, a partnership is put in place whenever two or more individuals come together and agree to conduct business together. Read more »The Truth Behind Liability Insurance During Covid-19
Tulsa Attorney Isaiah Brydie speaks on liability insurance and liabilities for your business and the ongoing coronavirus epidemic that's going on in our nation. So one of the things that's a problem that's going on now is that a lot of businesses are thinking of what their potential liabilities would be if there was ever a tracing back of someone's infection with COVID-19 back to their interaction with their particular business. Read more »