As the state prepared Thursday to accept applications for 73 more dispensary licenses – on top of 57 existing ones – Grown In conducted a webinar, “The State of Ohio’s Cannabis Market”.
Bigger cannabis companies already have a head start in Ohio, as multi-state operators own over 53% of Ohio’s 57 existing medical dispensary licenses, with five multistate operators reaching the state’s five dispensary license cap threshold.
Ohio senators have filed legislation that would expand access to medical marijuana system if a physician “reasonably” believes their patient’s symptoms would be relieved.
Ohio cannabis decriminalization advocates say there’s a disconnect between conservative local leaders and a growing voter pro-cannabis majority.
This week I’ve talked to almost a dozen cannabis leaders and operators in the state. There’s a number of consistent themes I’ve been hearing.
While African Americans are being arrested and serving time for marijuana possession, the cannabis industry is dominated by rich white men who can afford the exorbitant fees it takes to apply for a license and build out cannabis businesses, retail dispensary owner, cultivator, processor, or tester.
New THC rules and definitions for Ohio regarding Delta-8 are expected possibly in the early part of next year; rules that could potentially upend a lot of grey market CBD businesses across the state.
Ohio voters may have an opportunity to support a proposal to legalize adult-use marijuana in the state by way of The Coalition to Regulate Marijuana Like Alcohol’s signature collection effort to place a referendum question on the 2022 ballot.
Parallel’s $1.9 billion SPAC terminated Atlanta-based multistate operator Parallel no longer plans to create a $1.9 billion special interest acquisition
News and nuggets for cannabis practitioners in the Midwest and beyond.
