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Ohio's Recreational Cannabis Soars: $98 Million In Revenue Within Just Two Months
Thursday, October 10, 2024 - 2:25pm | 426Since the start of Ohio's recreational cannabis sales on August 6, the market has generated over $98 million in revenue, according to figures from the Ohio Division of Cannabis Control. Erick Rodriguez, vice president of retail for the Cannabist Company, which operates a dispensary in Marietta,...
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Trulieve Touts Third Consecutive Quarter Of Revenue Growth, Narrows Q2 Net Loss 97% YoY, Launches Cannabis Sales In Ohio
Tuesday, August 6, 2024 - 9:11am | 799Trulieve Cannabis Corp. announced on Tuesday its second-quarter results for the three months ended June 30, 2024. The Florida medical cannabis giant reported a 2% quarter-over-quarter and 8% year-over-year increase to $303 million, with 95% of the sum coming from retail sales, driven by higher...
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Ohio Medical Marijuana Dispensaries Approved To Launch Recreational Cannabis Sales On August 6
Saturday, August 3, 2024 - 12:30pm | 634It’s been nine months since Ohioans voted to legalize adult-use marijuana. While the law went into effect in December 2023, retail sales remained on hold due to regulatory requirements and a few political skirmishes. The Wait Is Nearly Over Medical marijuana dispensaries across Ohio learned...
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Trump's Running Mate JD Vance On Cannabis Legalization And Banking Reform: Not Quite Yes, But Not Exactly No
Tuesday, July 16, 2024 - 11:36am | 560It seems presidential candidate Donald Trump and his VP pick Senator JD Vance of Ohio have buried the hatchet following the latter's 2021 comments calling the former president an "idiot" and saying he feared Trump could be "America's Hitler." Trump made the announcement Monday at the ...
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Ohio's Medical Marijuana Dispensaries Will Soon Change Their Shingle And Include Recreational Weed Sales As $1B Program Moves Forward
Monday, June 17, 2024 - 4:54pm | 629It's been seven months since Ohioans overwhelmingly voted to approve Issue 2, the initiative that legalized adult-use marijuana. While the law went into effect in December 2023, retails sales did not, could not, begin immediately due to regulatory requirements. Things Are Finally Moving Ohio's...
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GOP Senators Introduce New Bill With Changes To Ohio's Cannabis Initiative As Retail Sales Loom
Saturday, June 8, 2024 - 2:57pm | 558As Ohio inches closer to launching its legal recreational marijuana market, a new Republican Senate bill is hovering over the process. The bill seeks to control where Ohioans can consume cannabis and impose new rules on home cultivation. Adult-use cannabis was legalized in November 2023 with 57% of...
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Ohio Now Accepting Recreational Marijuana Applications: When Will Sales Begin? Official Can't 'Circle A Day' Just Yet
Monday, June 3, 2024 - 3:05pm | 515Applications for medical marijuana dispensaries to serve both medical and recreational customers in Ohio must open by Friday, June 7, say regulators, though it is not expected that dispensaries will begin selling products by this coming Saturday. Ohio voters overwhelmingly legalized recreational...
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Ohio Medical Marijuana Companies Transition To Recreational Market, Sales Expected Soon
Tuesday, May 21, 2024 - 3:08pm | 718Ohio’s medical marijuana companies are gearing up to enter the legal recreational cannabis market following recent regulatory approvals. Dual-use applications for existing medical marijuana dispensaries that want to sell recreational cannabis products should be available by June 7, according...
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GOP Lawmakers In Ohio Finally Approve Rules Allowing Cannabis Sales To Begin In June, Existing Medical Marijuana Dispensaries Can Join In
Monday, May 13, 2024 - 6:37pm | 493A panel of Ohio lawmakers cleared 11 administrative rules on Monday for the state's medical and recreational marijuana programs, including one that spells out how existing medical marijuana retailers can apply for dual-use medicinal and recreational dispensary licenses. The move, undertaken by the...
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GOP Ohio Gov. Mike DeWine Wants To Ban Public Cannabis Smoking, Sale Of Delta-8 'Intoxicating Hemp'
Thursday, April 11, 2024 - 2:23pm | 769In his annual State of the State address on Wednesday, Ohio Gov. Mike DeWine (R) began his speech with a focus on youth and education then moved quickly to a renewed push to ban Delta-8 and keep cannabis away from minors. DeWine previously called for a ban on Delta-8 products, which he calls ...
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GOP Lawmakers Still Haggling Over Ohio's Voter-Approved Cannabis Law, Medical Marijuana Fees Slashed To A Penny
Tuesday, March 5, 2024 - 10:59am | 771As of March 4, Ohio's annual registration fees for patients and caregivers now cost just one cent, down from $50 and $25 respectively. The kind gesture comes as Ohio limps toward implementing its November 2023 voter-approved cannabis law. The Division of Cannabis Control (DCC), which called the one...
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Ohio Marijuana Legalization Bill Stuck In Limbo As GOP Legislative Stalemate Threatens Voters' Will
Tuesday, January 9, 2024 - 11:50am | 469Ohio's new recreational marijuana law has ignited a political firestorm, leaving residents in a hazy limbo. While adults can legally possess and cultivate cannabis at home, the lack of a legal purchasing system has created frustration. What Happened: While Governor DeWine ...
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GOP Attempts To Amend New Cannabis Law In Ohio Meet Resistance From Democratic House Member
Saturday, November 25, 2023 - 4:25pm | 615Despite the incessant nitpicking on the part of Ohio’s Republican leadership, which is seeking changes to the Nov. 7 voter-approved initiative that legalized adult-use cannabis, one Cleveland representative has stepped up to question what many are calling anti-...
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Ohio GOP Leadership Plan To Revise Cannabis Revenue Allocation Is Threat To Economic Gains, Says Analyst
Tuesday, November 21, 2023 - 8:05pm | 548Rob Moore, an analyst at Scioto Analysis, looked at the outcome of altering how Ohio had planned to use the hundreds of millions in revenue expected to be raised by excise taxes on the state's new legal market. Gov. Mike DeWine and state Senate...
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GOP-Dem Unity On Cannabis: Is Ohio's Legalization Spurring Nationwide Bipartisan Momentum?
Sunday, November 19, 2023 - 11:27pm | 790The recent legalization of recreational marijuana in Ohio marked a significant shift in the United States where now over half the population has access to legal adult-use cannabis in addition to the nearly 80% of the country where medical marijuana is legal. Growing public...