OAR 333-008-2160: General Requirements for Medical Marijuana Processing Sites and Dispensaries: Foreclosure; Cessation of Operations

In the event that a registrant is foreclosed or otherwise ceases operations as described in ORS chapter 79, a secured party, as defined in ORS 79.0102, may continue operations at the marijuana processing site or dispensary upon submitting to the Authority proof, on a form prescribed by the Authority, that the secured party or, if the secured party is a business entity, any individual who has a financial interest in the secured party, meets the requirements and restrictions set forth in: (1) For marijuana processing sites, ORS 475C.815(2)(d) and (4); or (2) For dispensaries, ORS 475C.833(2)(d) and (4).