Ohio Medical Cannabis Business & Marijuana Legal News

Chart: Timeline for launch, projected sales in seven new marijuana markets

More than 60% of the U.S. population now lives in states that have legalized some form of marijuana use and sales, illustrating both the rising acceptance of cannabis nationwide and the industry’s immense potential for future growth. Several medical marijuana and recreational programs have yet to get off the ground, however. Here’s an update on […]

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Marijuana industry banking woes: Here’s how some states are struggling to address them

U.S. cannabis companies are forecast to bring in as much as $10 billion in retail sales this year, according to the Marijuana Business Factbook 2018. But much of that money will go unbanked by financial institutions wary of possible sanctions for servicing businesses considered federally illegal. However, as more states legalize cannabis, regulators and lawmakers are […]

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Ohio awards 56 medical marijuana licenses; program to launch later this year

In a key step toward launching later this year what is expected to be a lucrative sector for the medical marijuana industry, Ohio regulators issued 56 dispensary licenses. Regulators received 376 dispensary applications and were allowed by law to hand out a total of 60 licenses. But the state didn’t receive applications for two of the districts. […]

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Week in Review: Ohio cannabis real estate woes, Missouri ballot measures & Oregon legal jitters

Ohio medical marijuana companies spend thousands on real estate while awaiting licenses, Missouri MMJ businesses eye ballot measures that would prove most business-friendly, and Oregon’s top federal prosecutor calls out the state’s excess cannabis output. Here’s a closer look at some notable developments in the cannabis industry over the past week. Waiting for Godot No […]

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Ohio recreational marijuana campaign cleared to collect signatures

An Ohio campaign to legalize adult-use cannabis has gotten the go-ahead to begin collecting signatures to place a ballot question before voters in November 2019. The campaign, Ohio Families for Change, got its initiative certified earlier this month for the 2019 ballot by the state attorney general’s office, and the Ohio Ballot Board signed off on it […]

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Ohio awards medical marijuana grow license after resolving error in process

Trying to rectify an application scoring error, Ohio regulators issued a medical marijuana cultivation license to Illinois-based PharmaCann Ohio, which had been rejected in the original round of license review. According to the Cleveland Plain-Dealer, the company will receive a provisional permit for a 25,000 square-foot operation in Buckeye Lake, roughly 30 miles outside the […]

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