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ARTICLE · 23 DECEMBER 2024

New OMMA Transfer License Process - (Rules Eff. October 29, 2024)

Significant changes have been made to the application process when changing name, location and/or ownership.

United StatesCannabis & Hemp

Significant changes have been made to the application process when changing name, location and/or ownership.

Relevant New Definitions:

"Change of ownership request" means any request submitted to the Authority that would change, amend, or in any way alter the ownership of a medical marijuana commercial license, including, but not limited to:

  1. Any shareholders owning an interest of a corporate entity and all officers of a corporate entity;
  2. Any partners of a general partnership;
  3. Any general partners and all limited partners that own an interest in a limited partnership;
  4. Any members that own an interest in a limited liability company;
  5. Any beneficiaries that hold a beneficial interest in a trust and all trustees of a trust;

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