Although just 9 percent of the population has a medical marijuana card, Oklahoma’s medical marijuana sector is thriving, generating more than $1 billion in total sales since the passage of SQ788 in June of 2018. In order to accommodate the state’s increasing demand, more Oklahoma farmers are being licensed on a daily basis, with roughly 400 cultivation licenses acquired between December and January alone, according to the OMMA licensing report. Because of the low barrier to entry, Oklahoma cannabis producers are still in a good position to identify their niche and become “marijuana billionaires” in the rapidly expanding industry.
Starting with a high-level review of the resources you’ll need to begin and build a 100 percent legal cultivation firm in Oklahoma, we’ll give you a step-by-step guide to getting started.
Obtaining an Oklahoma growers license from the Oklahoma Medical Marijuana Authority (OMMA) will enable your company to produce an unlimited number of plants and sell them to licensed processors and licensed dispensaries in the state of Oklahoma. A unique licensing and application is required for each license category, as well as each grow facility. License applications cost $2,500, and each grow facility and application must be submitted separately.
Here’s what requirements you’ll need to meet to obtain an Oklahoma grow license as of this writing:
Allows a business to cultivate medicinal marijuana in Oklahoma. Licensed farmers may only sell to processors and dispensaries. Licenses for growers will be issued as certificates. Licensed growers must follow Title 63 O.S. 420 et seq. and OAC 310:681.
Allows businesses to handle medicinal marijuana in Oklahoma lawfully. Processors may sell to dispensaries and other processors. For a price, licensed processors may concentrate marijuana for a patient license holder. Processor licenses will be issued as certificates. Licensed processors must follow Title 63 O.S. 420 et seq. and OAC 310:681.
Allows a company to sell medicinal marijuana, including mature plants and seedlings. Licensed dispensaries may only sell to patients, caregivers, researchers, and the parent or legal guardian of underage patients. Illegal sellers may be penalized or have their licenses withdrawn. The OMMA verification system will be ready in early September. Staff may also verify the buyer’s identification. Dispensary licenses will be issued as certificates. Licensed dispensaries must follow Title 63 O.S. 420 et seq. and OAC 310:681.
A transportation license permits a person or corporation to transport medicinal marijuana with a copy of the license legally. Licensed transporters may carry medicinal marijuana from one licensed grower, processor, dispensary, or researcher to another—title 63 O.S. 420 et seq. and OAC 310:681. A licensed grower, processor, or dispensary will offer this.
The OMMA will examine business applications and renewals within 90 business days after receiving the application or renewal. After being denied for failing to supply needed information, applicants will have 30 calendar days to provide the requested information for reconsideration. The application will expire if they do not do so within that time frame.
-Oklahoma Medical Marijuana Authority
A licensed certificate will be issued to you after your application has been granted. You will be required to comply with Title 63 of the Oklahoma Statutes (T.63 O.S.) and Oklahoma Administrative Code (OAC) Section 310:681 while holding your license.
After acquiring your license from OMMA, you’ll also need to register with the Office of the National Driver’s License. See 63 O.S. 2-101 and 2-302 for further information. Obtaining this authorization is necessary by law prior to any medicinal marijuana or medical marijuana products being sold or distributed at the company location. See OAC 475:10-1-9 for further information (a).
My Marijuana Cards will assist you in understanding the legal environment with clarity and confidence, and we’ll make the process of getting your license approved as simple and stress-free as possible. It is important to remember that obtaining a license is just the beginning of a long-term process of staying abreast of the natural transitions that occur in a developing business. It is very beneficial to have a legal team that is well-versed in cannabis law and company law that is keenly aware of the complexities that come from conflicting, constantly changing state and federal laws in this enterprise.
Our in-depth understanding of the sector will assist you in navigating through each stage of the process and beyond. My Marijuana Cards can assist you in breaking into the Oklahoma medical marijuana industry and establishing a profitable company in this market.