Medical Cannabis Regulation. 2020 is expected to be one of the biggest years for the cannabis industry.
But entrepreneurs looking to own and operate a business in the legal cannabis supply chain cannot simply open their shops and open their doors.
In this industry, obtaining a cannabis business license is the first requirement.
To help you get started, it’s important to understand that licensing laws and operating laws vary from state to state, and you need to get a thorough understanding of them if you want to have the chance to get a license.
Oklahoma Medical Marijuana
A provision from the new Oklahoma Medical Marijuana establishes a Certificate of Compliance.
If you are serious about obtaining a license to cultivate, process, and/or distribute cannabis.
The provisions specifically stipulate that a medical marijuana business license will not be issued until all relevant local permits and permits have been issued by the city government, including but not limited to occupancy permits. or a certificate of compliance.
Using non-certified medical marijuana can put you in legal trouble, even if you use it to treat health conditions.
Penalties for possession of illegal marijuana can include fines, imprisonment, and treatment for addiction.
OMMA has reimposed its project management structure to ensure compliance and timely implementation of changes.
Implementation activities will include regulatory approval, procurement, information technology changes, application development, and operational planning.
Having a medical marijuana license means that you have been verified for the use of the compound under legal protection.
This gives you peace of mind and you can continue to use medical marijuana for growing, processing, and even for business.
You can be sure that more of these types of regulations are coming to the industry in the near future.
Your best bet for staying ahead is to apply best practices in the early days of your business so that you will be ready to grow with the industry.
It can be difficult to start a business in this tightly regulated industry.
Do your due diligence before taking the first steps to own cannabis business.
Get to know the rules, regulations, and requirements at the state, city, and perhaps even, county level.
Once your business is established, you can expect ongoing legal obligations.
Such as license renewals and changes to existing rules and regulations.
This is for public safety, tax, or other reasons.
Medical Cannabis Regulation.
Because the cannabis industry is so tightly regulated, licensing for the marijuana business is very complicated.
Compliance requirements not only differ from state to state.
They can also change depending on your business category (aquaculture vs. retail, for example) and the city or county in which you plan to operate.
To operate legally, you must meet all the necessary business permits, permits, registration, and other requirements.
No matter what type of business you are interested in, there are basic legal requirements that you must follow.
If you need legal representation or consultation in the Oklahoma medical marijuana field, click the link on this blog