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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 63, § 63-427.15a: Publicly traded company defined

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Where this section sits in the code
  1. OK Code
  2. Title 63

For purposes of this section, "publicly traded company" means a

business entity organized under the laws of the United States or

Canada where the domicile for the business entity permits the sale

of marijuana and such business entity has a class of securities that

are registered and traded for investment pursuant to the Security

Exchange Act of 1934 or listed and traded for investment on a

reputable recognized foreign stock exchange or foreign market

exchange.

On and after the effective date of this act, a publicly traded

company as defined herein is authorized to purchase up to forty

percent (40%) of the equity in an existing Oklahoma business that

holds a valid Oklahoma medical marijuana grower, processor or

transporter license; provided, however, the only Oklahoma business

qualified for investment or equity purchase under this section must

have held a valid medical marijuana grower, processor or transporter

license for at least eighteen (18) months prior to the investment or

equity purchase and must be currently operating in good standing in

this state. A licensed medical marijuana dispensary shall not be

qualified for investment or equity purchase under the provisions of

this section.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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