Legal Information, News and Commentary about Oklahoma’s Medical Marijuana Industry
On June 26, 2018, Oklahomans went to the polls and approved the legalization of medical marijuana, paving the way for a burgeoning new commercial industry in the state. While the law creates new business opportunities for investors, growers, processors, and dispensaries, it also creates a myriad of new legal risks, concerns and challenges for those impacted both directly and indirectly by the industry.
Brought to you by the law firm of McAfee & Taft, MarijuanaLINC provides complimentary legal information, news and commentary on issues related to Oklahoma’s evolving medical marijuana industry. McAfee & Taft is Oklahoma’s largest law firm and serves clients locally, nationally and internationally across a broad range of practice areas. Following the passage of State Question 788, the firm’s Medical Marijuana Industry Group was established to specifically focus on assisting clients navigate the complex maze of legal, regulatory and business issues associated with this emerging industry and providing them with the information and analysis they need to make well-informed business decisions.
Want to stay informed? To receive alerts, updates and event announcements pertaining to Oklahoma’s medical marijuana industry, click here.
NOTE: All persons interested in growing, selling, or possessing medical marijuana or in transacting business with others in the industry must keep in mind that federal law makes it a crime for any person to knowingly or intentionally manufacture, distribute or dispense a controlled substance. (Controlled Substances Act, 21 U.S.C. § 831(a).). Federal law also makes illegal certain financial transactions connected to unlawful activity, including transferring monetary instruments or funds with the intent to promote the carrying on of specified unlawful activity, including the manufacture, importation, sale or distribution of a controlled substance. (Money Laundering Control Act of 1986, 18 U.S.C. §§ 1956, 1957.)