Cannabis and business law in Tulsa
Business formation, licensing questions and contracts for Oklahoma cannabis businesses.
What does cannabis business law cover?
Running a cannabis business in Oklahoma means dealing with ordinary business law and a licensing system at the same time. Nation Law Firm lists cannabis and business law first among its practice areas, and attorney Jon Nation works with owners on the legal side of starting and running a company.
The work usually falls into three groups: forming the business, licensing questions with the state, and the contracts the business signs along the way. Each one is described in general terms below; every business is different, so the right steps depend on your situation.
How do you set up the business itself?
Most owners start by choosing a business structure, often a limited liability company (LLC). Forming an LLC in Oklahoma involves filing with the Oklahoma Secretary of State and keeping the company in good standing afterward. The firm's guide on how to form an LLC in Oklahoma walks through those filings.
Owners with partners also need a clear written agreement about who owns what, who decides what and what happens if someone leaves. See why an Oklahoma LLC needs an operating agreement.
- Choosing a business structure and filing the formation documents
- Operating agreements between members and partners
- Keeping company records and annual filings in order
- Changes in ownership, new partners or members leaving
What about licensing questions?
Commercial cannabis businesses in Oklahoma are licensed by the Oklahoma Medical Marijuana Authority (OMMA). License types, application requirements, renewals and transfers are set by state law and OMMA rules, and they change. The firm's article on Oklahoma medical marijuana business licenses summarizes what a commercial license involves, with links to OMMA's own pages.
Jon can talk through licensing questions with you, review what the state is asking for and explain how a license question fits with the way your company is set up. Decisions on licenses are made by the state.
Which contracts matter for a cannabis business?
Contracts come up at every stage. Reading them before you sign is usually easier than sorting out a dispute later.
| Business stage | Common legal questions |
|---|---|
| Starting out | Which business structure fits, how to file it and how owners split control |
| Getting licensed | What the state is asking for and how the license relates to the company's ownership |
| Leasing or buying property | Lease terms, use of the property and landlord approvals |
| Working with vendors and partners | Supply, service and partnership agreements |
| Changes in ownership | Bringing in a partner, buying out a member or selling the business |
Does the firm handle other business matters?
Yes. Business law is part of the same practice area, so owners outside the cannabis industry can also call about formation, operating agreements and contracts. The firm also handles real estate matters and wills and trusts, which often come up for business owners.
How do you get started?
Call 918-730-9417 or send a request. Have your business name, the people involved and any documents you have already signed or received ready for the conversation. Nation Law Firm's office is at 624 S Denver Ave, Suite 300, in downtown Tulsa.
Attorney Advertising. This page is general information, not legal advice, and does not create an attorney-client relationship. Prior results do not guarantee a similar outcome.
Frequently asked questions
Yes. Cannabis and business law is the first practice area the firm lists, covering business formation, licensing questions and contracts.
Yes. Business formation is part of the firm's business law work. Our guide on [forming an LLC in Oklahoma](/blog/how-to-form-an-llc-in-oklahoma/) explains the state filings.
The Oklahoma Medical Marijuana Authority (OMMA) licenses commercial medical marijuana businesses. Licensing decisions are made by the state.
Still have questions?
Call the office with your question.
Starting or running a cannabis business?
Call 918-730-9417 to talk with Nation Law Firm.
