Ohio Medical Cannabis Business & Marijuana Legal News

Colorado marijuana banker has plans for a national network

Omar Sacirbey  | September 14, 2017

By Omar Sacirbey

A Colorado-based credit union believes it may have the solution to marijuana businesses’ banking issues, one that it hopes will be available in six states by the end of this year and about 20 by the end of 2018.

Ohio college steps forward to test medical cannabis

Bart Schaneman  | September 5, 2017

An Ohio technical college has thrown its hat into the ring to help test cannabis for the state’s medical marijuana program.

Hocking College – located in Nelsonville, about a one-hour drive from the Ohio Statehouse – said Tuesday its “goal is to partner with the state” under legislation requiring that public colleges and or universities …

Franwell wins contract for Ohio’s medical cannabis program

Kevin Huhn  | August 22, 2017

Ohio medical marijuana regulators have chosen two vendors to develop the state’s seed-to-sale and online licensing systems.

The Ohio Department of Commerce awarded a $1.3 million contract to Franwell for its Marijuana Enforcement, Reporting, Tracking and Compliance (METRC) seed-to-sale system. METRC is used in several cannabis states, including California.

Persistent Systems won a $574,000 contract to design …

Ohio medical marijuana growers face licensing delay

Kevin Huhn  | August 11, 2017

Ohio regulators don’t expect to issue the state’s first medical marijuana cultivator licenses until around November, at least a month later than growers expected.

The new timeline could delay the startup of the state’s MMJ program beyond the planned September 2018 launch date, the Cleveland Plain Dealer reported.

The state Department of …

Ohio college may be ready to test state’s medical marijuana

Bart Schaneman  | August 7, 2017

A company says it has secured a partnership with an Ohio university to test medical marijuana for the state’s fledgling MMJ program, though the firm declined to identify the school.

CCV Research – based in Sheffield Village, Ohio – will construct a medical cannabis testing lab on the university’s property, the Cleveland Plain …

Ohio finalizes rules for medical cannabis program

Bart Schaneman  | August 1, 2017

Ohio regulators have established rules for a strictly regulated medical marijuana program, though it will have room to grow after it launches in September 2018.

As many as 60 dispensaries will be licensed, up from the initial 40, the Cleveland Plain Dealer reported. Applicants for those licenses will fork over $5,000 to …

Ohio OKs funding for medical marijuana seed-to-sale system

Bart Schaneman  | July 26, 2017

Ohio’s medical marijuana budget swelled to $11 million after state regulators received approval to spend an additional $6 million over the next two years, including the purchase of a seed-to-sale tracking system.

The funding for the Ohio Medical Marijuana Control Program is on top of the previously approved $5 million.

The largest sum …

PNC shutters marijuana group’s Ohio bank account

Omar Sacirbey  | July 14, 2017

PNC has closed the bank account of another cannabis advocacy group, again underscoring that even non-plant-touching marijuana organizations can be shut out by financial institutions.

One of the nation’s largest financial services companies, Pittsburgh-based PNC recently shut down the account of the Ohio chapter of the National Organization for the Reformation of Marijuana Laws …