What Happens When You Run Out of Funding?
Hello, this is Oklahoma Business Attorney Jesse Kovacs with the OK Cannabis Law Office. Today’s topic centers around license holder funding. If you are an OMMA license holder and you run out of funding for your education and research projects, it is important to report this to the Oklahoma Medical Marijuana Authority. Lack of funding can impact the nature of your project and the ability to carry out research effectively. This is especially critical for publicly funded facilities, as changes in funding can affect the scope and direction of the project.
Submitting a New Application for Funding
If the lack of funding significantly alters the course of your research project, you may need to submit a new application for a revised license. It is important to keep the OMMA informed about any changes that could potentially impact the integrity and validity of your research. By proactively addressing funding issues, you can ensure that your projects remain compliant with state regulations and guidelines.
Contact Us for a Consultation
If you have concerns about funding for your OMMA education and research projects, we are here to help. Contact Oklahoma Cannabis Business Attorney Jesse Kovacs at 918-932-2879 for a low-cost consultation. Our team excels in providing legal guidance and support to OMMA license holders, ensuring that you can navigate regulatory challenges effectively. Don’t let funding issues derail your research efforts – reach out to us today for personalized assistance.