CANNABIS BUSINESS ATTORNEY TULSA OKLAHOMA

IS MARIJUANA LEGAL IN OKLAHOMA?

Cannabis is legal for possession and for medical use with a required state issue license in Oklahoma. On June 26, 2018, Oklahoma voters approved the legalization of medical marijuana for qualified patients throughout the state. On July 26, 2018, the Oklahoma State Department of Health made license applications available to potential medical marijuana cultivators, processors, and dispensaries. However, those interested in entering the cannabis business face a wide range of legal issues, which is why it is imperative to seek legal services from an experienced Tulsa cannabis law attorney.

At Brune Law Firm, we have more than 20 years of experience guiding our clients through the complexities of Oklahoma business law. Our Tulsa cannabis business lawyers can help ensure that your business runs smoothly and legally. We focus on business law, regulatory compliance, and even litigation to fulfill our client’s business goals.

GUIDELINES FOR OKLAHOMA MEDICAL MARIJUANA

LICENSES FOR GROWERS, PROCESSORS, AND DISPENSARIES

The Oklahoma State Department of Health offers licenses for medical marijuana growers, processors, and dispensaries.

The Difference Between These Three Categories is as Follows:

  • Commercial growers – Allowed to sell cannabis only to a licensed processor or retailer. There are no limits on how much pot a licensed grower can cultivate.
  • Processors – Can take cannabis plants and process or distill these plants into edibles, concentrates, and other forms of cannabis for consumer use. These individuals may sell their manufactured products to a licensed retailer or another licensed processor.
  • Dispensaries – Can sell medical marijuana or other cannabis-related products provided by licensed processors. Only medical marijuana patients and caregivers can purchase products at dispensaries.
APPLYING FOR A CANNABIS BUSINESS LICENSE

In order to apply for a business license for the formation of your cannabis business, applicants must meet a set of criteria by the Oklahoma State Department of Health.

The criteria for a cannabis business license application are as follows:
  • Applicants need to be at least 25 years of age
  • Applicants and other involved parties must be Oklahoma residents
  • If ownership consists of non-state residents, they cannot exceed 25 percent ownership
  • Applicants must be registered to run a business in the state
  • Applicants must disclose ownership
  • If an applicant has been convicted of a nonviolent felony in the last two years, any other felony in the past five years, or currently in prison are not eligible for a commercial grower’s license.

SCHEDULE AN INITIAL CONSULTATION ON YOUR CANNABIS BUSINESS TODAY!

From creating your business or exit strategy, our Tulsa cannabis business lawyer assists clients in entity formation and governance, licensing, leasing, and financing. We can ensure your business maintains full compliance with state rules and regulations, as well as expand your business if you experience significant growth. Let us help you navigate this new industry.