Ohio Medical Cannabis Business & Marijuana Legal News


More states say medical cannabis shops can stay open amid COVID-19

Massachusetts, Michigan and Ohio joined several other states in declaring that medical marijuana dispensaries can remain open in light of stay-at-home orders designed to help combat the coronavirus outbreak. Here is a look at what is happening in each state:  Massachusetts: Medical marijuana dispensaries in the state will be allowed to stay open from Tuesday through […]

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Marijuana retailer Green Growth announces CEO’s departure

Green Growth Brands, a troubled marijuana retailer in the process of focusing solely on marijuana, said its CEO has stepped down, effective immediately. The outgoing CEO, Peter Horvath, came to the Columbus, Ohio, company after leading strategies for retail giants such as Victoria’s Secret, American Eagle Outfitters, DSW and Limited Brands. Horvath’s departure comes after […]

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Harvest Health settles Ohio medical marijuana dispute for $500,000

Multistate marijuana operator Harvest Health & Recreation must pay a $500,000 to settle a social equity misrepresentation charge from Ohio regulators before it can open three medical marijuana dispensaries in the state. The penalty, one of the largest ever assessed to a marijuana operation in Ohio, settles the allegation that Arizona-based Harvest misrepresented the minority […]

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Green Growth Brands returns its focus to marijuana

Ohio-based Green Growth Brands is exiting the CBD market to focus exclusively on running its marijuana operations. Green Growth Brands agreed to sell an 80% stake in its chain of CBD kiosks in malls to The BRN Group of New York for an undisclosed price. Green Growth Brands CEO Peter Horvarth told analysts the company can […]

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Green Thumb inks $7.2 million marijuana sale-leaseback in Ohio

Multistate cannabis operator Green Thumb Industries on Monday said it is selling and leasing back its Toledo, Ohio, processing facility in a deal valued at up to $7.2 million. The buyer is Innovative Industrial Properties, a San Diego-based real estate investment trust that specializes in sale-leaseback deals involving cannabis companies. IIP paid $2.9 million for […]

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Chart: Good – not great – first year of medical cannabis sales in Ohio

Ohio’s medical marijuana industry pulled in nearly $60 million in its first year of sales, with increased access to dispensaries and falling prices making up for the market’s sluggish start. Roughly 50% of the state’s total medical marijuana sales came in the last quarter of 2019, but it wasn’t enough to drive sales to the heights […]

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Ohio’s medical marijuana program continues to grow in first year

A year after legalizing medical marijuana, Ohio has 46 MMJ dispensaries, with another dozen planning to open. More than 400 applicants originally sought licenses for dispensaries, the Dayton Daily News reported. According to the newspaper, Ohio dispensaries have sold 5,925 pounds of plant material and 236,008 units of products such as edibles, patches and oils […]

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Ohio medical cannabis conditions deadline approaching

Ohio’s State Medical Board set a Dec. 31 deadline for petitions for new conditions and illnesses that would qualify for treatment by medical marijuana. However, all of the petitions could be rejected, Cleveland.com reported. Earlier, the board turned down petitions to add anxiety and autism as conditions that could be treated with MMJ.

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Green Growth ends $310 million purchase of marijuana firm

Green Growth Brands, an Ohio-based cannabis and CBD company, said Wednesday it is terminating its $310 million, all-stock purchase of California marijuana company Moxie, a privately held multistate operator. Green Growth ended the planned acquisition, announced in July, because of the changing “macro environment” in the cannabis industry. Green Growth’s move is among a number of planned […]

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