Labs in Michigan must test for 60 different pesticides, 7 types of metal, foreign matter, potency, THC levels, and 41 different terpenes as required by the Cannabis Regulatory Agency.
Licensees that have been waiting over two years are planning out how to move forward with their business aspirations.
42% of the licenses are majority Black-owned, 36% are majority White-owned, 8% (4) are majority Hispanic-owned, and 8% are owned by a partnership group.
The Ohio Board of Pharmacy awarded 72 new RFA II provisional dispensary licenses last Monday, more than doubling the number of current licenses in the state.
Some in the cannabis industry say they accept the agreement for what it is, like CannaRev Solutions founder Greg May, but believe that more should be done in the meantime.
Ohio has only three licensed cannabis labs serving 37 cultivators and 46 processors.
According to the decision issued May 12, an investigator for the Board claims to have evidence to support that a truck drove from Utah to Ohio in March 2020 to deliver plants to Standard Wellness.
Until now, the state’s cannabis industry has been overwhelmingly white since the beginning of the state’s medical program in 2015 and recreational use in 2020.
Amid a voter-driven push to legalize adult use cannabis, Revolution is on the verge of entering Missouri on May 20, adding a fifth state to its portfolio, when the Chicago-based multi-state cannabis operator opens a new medical dispensary in Sunrise Beach.
Ohio could more than double its total number of medical dispensaries as early as next year, following the Ohio Board of Pharmacy’s awarding of 70 new RFA II provisional dispensary licenses in the state, on Monday.
