State officials are celebrating the resolution of a 'ghost ownership' investigation into a cannabis farm that submitted fraudulent information in its license renewal application to the Oklahoma Medical Marijuana Authority.
An administrative law judge's ruling last week clears the way for OMMA to remove the business from Oklahoma's medical cannabis industry, according to a news release stating "more wins are likely on the way."
At least 75% of every medical cannabis business must be owned by an Oklahoma resident or resident, according to OMMA rules and state statute. The judge's ruling found a cultivation licensee in Sayre, Sun Light Farm, submitted documentation identifying an Oklahoma resident who "is not the real owner — a practice sometimes known as straw ownership or ghost ownership."
In the Tuesday news release, OMMA and state officials called the ruling "a significant victory in the ongoing fight to eliminate bad actors in Oklahoma's cannabis industry."
Read more at tulsaworld.com