Ohio Medical Marijuana Business News
Ohio regulators issued more than $200,000 in fines to five cannabis retailers for violating marketing and promotional restrictions surrounding the Aug. 6 launch of adult-use sales.
Ohio experienced a threefold increase in revenue in the days after launching adult-use marijuana sales, and, two weeks later, sales are still double the pre-rec numbers, according to Headset.
Dozens of medical cannabis dispensaries in Ohio on Tuesday began selling adult-use marijuana products, ushering in a new era for the state and another potential billion-dollar market in the Midwest.
Ohio recreational cannabis sales apparently could begin as soon as Aug. 6, eight months after the state’s voters approved an adult-use market.
Ohio regulators have issued the first 10 dual licenses to marijuana cultivators and processors in the lead-up to adult-use sales in the potential billion-dollar Midwest market.
U.S. Sen. JD Vance, the Ohio Republican whom Donald Trump picked as his running mate for the November presidential election, is no supporter of federal marijuana reform.
The calendar has flipped well into July and Ohio regulators have yet to grant any final approvals for retailers to launch adult-use sales.
