Ohio Medical Cannabis Business & Marijuana Legal News

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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Recreational marijuana licensing

Michigan issued two more business licenses for adult-use cannabis retailers, and both stores are expected to open when recreational marijuana becomes legal Dec. 1.

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Week in Review: Cannabis layoffs, regulators scrutinizing vitamin E acetate as vape villain, MI adult-use launch looms & more

Layoff announcements continue to weigh on the marijuana industry, state regulators focus on vitamin E acetate additive in vaporizer products as the vape crisis continues, Michigan businesses set their game plans for a December adult-use MJ launch, and more of the week’s top cannabis news. Pink slips pile up  Three well-known California cannabis companies this […]

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Green Growth Brands loses $64 million amid marijuana dispensary delays

Ohio-based CBD and cannabis company Green Growth Brands recorded a loss of more than $64 million for its fiscal year as it faced higher-than-expected capital expenditures and delays in building out its Nevada dispensaries. The company did not list its results from the previous year – it became a publicly traded company in January. Green Growth […]

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Marijuana businesses increasingly plan to sue if regulators fail to award them a business license

Cannabis companies, particularly multistate operators (MSOs), are increasingly incorporating lawsuits into their licensing application strategy in a bid to secure a permit in a highly sought-after market. That strategy of preparing to fight license rejections by state regulators, especially those lost by a narrow margin, is based on a number of factors: Many marijuana business […]

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Acreage affiliate Greenleaf resolves Ohio dispute, can open marijuana dispensaries

Greenleaf Apothecaries – an affiliate of New York-based multistate operator Acreage Holdings – is poised to open three medical cannabis dispensaries in Ohio after resolving its dispute with state regulators. The company, which does business as The Botanist and Harvest of Ohio, was prohibited from opening new dispensaries until its case was resolved. Regulators in […]

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Week in Review: Vape crisis continues, federal cannabis bill moves, Utah licenses & more

State regulators from across the country react to the vaping crisis, a federal marijuana banking bill sees movement, Utah ups its medical cannabis licensing opportunities – and more of the week’s top marijuana business news. States’ responses to vaping crisis State regulators nationwide have begun responding in earnest to the vaping illness epidemic, which now stands […]

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