Types of Contracts We Handle

We provide support for a variety of contract types that are critical to cannabis business operations, including:

• License Transfer and Asset Purchase Agreements: Memorializes the terms of an agreement for transferring an OMMA license and its assets to a new owner.
• Management Services Agreements (MSA): Often used during the period of time when a license is being transferred to a new owner, MSA’s outline the terms contractors must comply with when managing your medical marijuana business, ensuring compliance with all applicable laws. 
• Vendor Agreements: Outlines terms with suppliers, ensuring consistent and reliable access to products and services.
• Distribution Contracts: Establishes guidelines for the distribution of cannabis products, managing risk and compliance in the supply chain.
• Employment Agreements: Covers terms for staff within your business, detailing roles, responsibilities, and confidentiality requirements.
• Lease Agreements: Secures terms for your property, whether for retail, cultivation, or processing, with cannabis-specific lease terms.
• Joint Venture and Partnership Agreements: Structures partnerships to foster collaboration while protecting each party’s interests.

Our team’s experience across various contract types ensures that each document is thorough, protects your interests, and meets industry standards.

Customized Contract Drafting

Standard contracts don’t always meet the specific needs of cannabis businesses, where regulations and liabilities are unique. We customize each contract to your business, taking into account your operational requirements and regulatory obligations. Our attorneys work closely with you to understand your goals, drafting agreements that safeguard your interests, address potential risks, and promote growth.

Thorough Contract Review

Entering into a contract without a proper review can expose your business to unforeseen risks. We provide meticulous contract review services, identifying any clauses that may pose a liability or compliance risk. Our team ensures that all contract terms align with state and federal cannabis regulations, so you can move forward with confidence in each agreement.

Skillful Contract Negotiation

Negotiating contract terms is essential to achieving favorable conditions for your business. Our attorneys are skilled negotiators, advocating on your behalf to secure terms that protect your business’s interests while fostering strong relationships with partners, vendors, and clients. We prioritize transparency and clear communication, ensuring that each party’s responsibilities and benefits are well-defined.

Regulatory Compliance in Contracts

Cannabis regulations in Oklahoma are complex, and ensuring compliance within your contracts is critical. We have deep knowledge of Oklahoma’s cannabis laws and incorporates these into each contract, ensuring all terms meet state standards. By embedding compliance into your agreements, we help you avoid penalties and regulatory issues, allowing you to operate with peace of mind.

Risk Mitigation and Liability Protection

Contracts are a powerful tool for managing risk, and our team is focused on minimizing your exposure to potential liabilities. We craft contract terms that include indemnity clauses, limitations of liability, and dispute resolution mechanisms tailored to the cannabis industry. Our proactive approach helps protect your business from unforeseen legal and financial challenges.

Dispute Resolution Clauses

Disputes can arise in any business relationship, and clear dispute resolution clauses are essential to minimize impact. We design contracts with robust dispute resolution terms, covering mediation, arbitration, and jurisdiction specifics. These clauses protect your business by defining the process for resolving disagreements quickly and effectively, helping to preserve professional relationships and avoid costly litigation.

Ongoing Contract Management Support

Maintaining compliant contracts requires regular updates as cannabis laws evolve. We offer ongoing contract management support, reviewing and updating contracts periodically to ensure they stay current with legal changes and your business’s growth. With our support, you can be confident that all agreements remain aligned with industry regulations and your operational needs.