Medical marijuana; clarifying provisions for the transfer of licensing following change of ownership. Effective date.

This bill amends Oklahoma's medical marijuana regulations to clarify how business licenses are transferred when ownership changes. It extends the time allowed for transferring a license from three days to one week and increases the required waiting period for new applicants from thirty days to sixty days. Additionally, the bill reduces the time needed to renew a business license from ninety days to sixty days and requires renewal applications to be submitted at least four months before the current license expires. These changes aim to streamline administrative processes for medical marijuana businesses while maintaining oversight by the state authority.