Ohio’s medical cannabis industry could eventually generate between $200 million and $400 million in annual retail sales via dispensaries once the market matures, according to preliminary estimates by Marijuana Business Daily. That would translate into as much as $23 million in taxes for Ohio if state sales taxes of 5.75% are applied. According to Chris Walsh, editorial director of …
Ohio Towns Move to Block Medical Cannabis Businesses
Several Ohio municipalities are moving to block marijuana businesses from opening within their borders as the state moves forward with its medical cannabis program. A few cities have put six-month moratoriums on marijuana dispensaries, growers and processors, while several others have similar legislation in the works, according to Cleveland.com. Ohio’s medical marijuana law goes into effect Sept 8, but it will …
Ohio Supreme Court: Lawyers can’t help new medical marijuana industry
Although cannabis is now legal in Ohio for medicinal use, a panel for the state’s Supreme Court said recently that lawyers are not permitted to provide legal services for those groups and individuals interested in getting into the business of medical marijuana because cultivation, sale and use of herb still remains illegal in the eyes of the federal government. According …
Ohio seeks expert on marijuana cultivation but wants a drug-free firm
COLUMBUS, Ohio — The Ohio Department of Commerce is looking to hire an expert in growing marijuana to help write the rules for future Ohio medical marijuana cultivators. But whoever gets the contract will be held to the state’s drug-free workplace policy, which currently doesn’t allow for medical marijuana use. A department spokesman couldn’t say Friday whether the chosen contractor’s …
Lakewood & other Ohio cities block medical marijuana business licenses months before any will be awarded
COLUMBUS, Ohio — Ohio’s medical marijuana law is a month away from taking effect and awarding marijuana business licenses is even further down the road, but Lakewood and other communities across the state are already making moves to block marijuana businesses from starting in their communities. A handful of Ohio cities have put a six-month moratorium on licensing marijuana cultivators, processors …
Comparing Ohio’s New Medical Marijuana Policy With Other States
Recently Ohio joined the ranks of nearly half the country by legalizing the medical use of cannabis. Let’s take a look at the specifics of Ohio’s medical marijuana law and compare its language to that of the laws in other states where medical marijuana has been legalized. Ohio’s Medical Marijuana law Versus That of Other States Unlike other states where …
Make Your Voice Heard Regarding Ohio Medical Marijuana House Bill 523!
We at OhioCannabis.com stand STRONGLY with our new partner – The Ohio Cannabis Institute and have formed a NEW voice for all Ohioans to help make change happen NOW! Visit CompassionateOhio.org to have your voice heard & PLEASE share this video and message with everyone you know to help get this movement off the ground!
Could Ohio Solve the Cannabis Industry’s Cash-Only Problem?
By Omar Sacirbey Could Ohio wean the marijuana industry from its need to do business in cash? Ohio’s new medical marijuana law proposes a “closed-loop” payment processing system. It would be similar to pre-paid debit or gift cards. Regulators must still decide whether to use the system. Read more here…
Local governments dealing with concerns over Ohio’s soon-to-be legal medical marijuana
ROCKY RIVER, Ohio- Medical marijuana will soon be legal in the Buckeye State, but concerns over what that means at the local level have some cities now passing “moratoriums” and/or drawing up their own ordinances to control its sale and distribution. Rocky River’s Director of Law Andrew Bemer introduced an ordinance that would set strict guidelines within city limits after failing to get …
Ohio Marijuana Law Won’t Change Zero-Tolerance Policies
Policies may need updating to clarify that the use of medical marijuana isn’t tolerated in the workplace The use of medical marijuana for certain illnesses will soon be legal under Ohio law, but that doesn’t mean employers have to tolerate it, according to employment attorneys interviewed by SHRM Online. “The law says very specifically that employers still have the …