{"data":{"id":"us-ok/okla.-stat.-tit.-63-63-427.15a","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 63, § 63-427.15a","heading":"Publicly traded company defined","body":"For purposes of this section, \"publicly traded company\" means a\n\nbusiness entity organized under the laws of the United States or\n\nCanada where the domicile for the business entity permits the sale\n\nof marijuana and such business entity has a class of securities that\n\nare registered and traded for investment pursuant to the Security\n\nExchange Act of 1934 or listed and traded for investment on a\n\nreputable recognized foreign stock exchange or foreign market\n\nexchange.\n\nOn and after the effective date of this act, a publicly traded\n\ncompany as defined herein is authorized to purchase up to forty\n\npercent (40%) of the equity in an existing Oklahoma business that\n\nholds a valid Oklahoma medical marijuana grower, processor or\n\ntransporter license; provided, however, the only Oklahoma business\n\nqualified for investment or equity purchase under this section must\n\nhave held a valid medical marijuana grower, processor or transporter\n\nlicense for at least eighteen (18) months prior to the investment or\n\nequity purchase and must be currently operating in good standing in\n\nthis state. A licensed medical marijuana dispensary shall not be\n\nqualified for investment or equity purchase under the provisions of\n\nthis section.","path":["OK Code","Title 63"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os63.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"3a8c9cd7243d2ccd7289dd5c0227804fa3f296d07744dca75287f08c494d2186","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-63-63-427.15","next":"us-ok/okla.-stat.-tit.-63-63-427.16"},"notice":"GroundRules: Original legal text. Not legal advice."}