Oklahoma
General
Jun 2022
3 min

Oklahoma Dispensary Ownership Rules

Answer

  • Criminal history screening (see definition of disqualifying offenses under 'Citations' below)
  • Proof of residency (75% of the ownership team must be OK residents)
  • Proof of identity
  • Applicant photograph  

Why is it important?

It's important to know the requirements for ownerships of a cannabis dispensary in Oklahoma so that you can put together a team of owners who qualify for licensing.  Having a team member who does not qualify for licensing could cause denial of licensure and delays in your license application.

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Regulatory Citations for This Article

TITLE 310. OKLAHOMA STATE DEPARTMENT OF HEALTH CHAPTER 681. MEDICAL MARIJUANA CONTROL PROGRAM

310:681-2-2.

"Owner" means, except where the context otherwise requires, a direct beneficial owner, including, but not limited to, all persons or entities as follows:

(A) All shareholders owning an interest of a corporate entity and all officers of a corporate entity;
(B) All partners of a general partnership;
(C) All general partners and all limited partners that own an interest in a limited partnership;

(D) All members that own an interest in a limited liability company;
(E) All beneficiaries that hold a beneficial interest in a trust and all trustees of a trust;
(F) All persons or entities that own interest in a joint venture; (G) All persons or entities that own an interest in an association;
(H) The owners of any other type of legal entity; and
(I) Any other person holding an interest or convertible note in any entity which owns, operates, or manages a licensed medical marijuana facility.

310:681-1-4. Definitions

"Disqualifying criminal conviction" means:
(A) Any non-violent felony conviction within last two (2) years of submitting an application to the Department;
(B) Any violent felony conviction for an offense listed in 57 O.S. § 571(2) within last five (5) years of submitting an application to the Department; or
(C) Incarceration for any reason during submission of application to the Department.