Ohio Medical Cannabis Business & Marijuana Legal News

Ohio grants cannabis firm permission to produce concentrates, edibles, topicals

Ohio awarded the state’s first certificate of operation to a medical marijuana processor, which will allow for manufacturing of cannabis edibles, tinctures, topicals and other products. This could prove a boon to sales for Ohio’s medical marijuana firms because only plant material – flower – has been available for purchase since the state’s first dispensaries […]

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Vertically integrated cannabis firm Ascend Wellness raises $55 million for expansion

Boston-based Ascend Wellness Holdings (AWH), a multistate vertically integrated marijuana operator, secured $55 million in funding to aid expansion plans in its home state of Massachusetts and other markets. The additional money will allow the company to grow its footprint into Ohio, where Ascend has an agreement to purchase a cultivation license and is in “advanced […]

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Canadian marijuana firm Aphria to improve corporate practices after investigation

Ontario-based cannabis operator Aphria pledged to improve its management practices after an independent investigation found some of its directors had conflicts of interest related to the 2018 acquisition of  LATAM Holdings. While the purchase price of the assets in Argentina, Jamaica and Colombia was deemed to be reasonable – albeit at the top of the […]

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Ohio medical marijuana sales top $330,000 in first weeks

Medical cannabis patients in Ohio have spent more than $333,000 on 46 pounds of cannabis since sales kicked off at four dispensaries Jan. 16, the Dayton Daily News reported. The sales figures were provided by the state’s Medical Marijuana Control Program, which reported $75,000 in medical marijuana sales the first day alone. Compared to other […]

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On first day of OH medical marijuana sales, some dispensaries cap purchases

Wednesday marked the first day of medical marijuana sales in Ohio, with retailers reporting brisk transactions. Only four dispensaries were reported open in the state, a market that is projected to generate as much as $400 million in annual sales over time, according to Marijuana Business Daily estimates. Early on opening day, about 20 people waited […]

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Second medical marijuana testing lab opens in Ohio

Hocking College in southern Ohio became the second cannabis testing laboratory in the state to begin taking medical marijuana product for analysis. A lack of operational labs has been a big concern to Ohio’s marijuana businesses because state law requires that cannabis be tested for potency and purity before sales at dispensaries can begin. Regulators have licensed […]

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Week in Review: NY gov wants adult use, PA/NJ boost medical marijuana business opportunities & Ohio regulators get a bailout

New York’s governor wants the state to legalize recreational cannabis ASAP, Pennsylvania and New Jersey take steps to boost medical marijuana business opportunities, and Ohio MMJ regulators get a $2.1 million bailout. Here’s a closer look at some notable developments in the marijuana industry this week. NY and the ‘adult-use revolution’  New York Gov. Andrew […]

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