Medical Marijuana in Ohio: What You Need to Know


Ryan Allway

April 22nd, 2019

App, Policy


Ohio became the 25th state in the country to legalize marijuana for medicinal purposes with the passage of House Bill 523 in June of 2016. But actual sales only started in the beginning of 2019. Recreational marijuana use remains illegal, although 2020 legislation may change that and possession of up to 100 grams has been decriminalized since 1975 as a misdemeanor with a maximum fine of $150. Personal cultivation also remains illegal in Ohio.

Medical Marijuana Regulations in Ohio

Ohio’s Medical Marijuana Control Program (OMMCP) regulates who may obtain a medical marijuana card while the State of Ohio Board of Pharmacy regulates the dispensaries themselves. Patients must see a physician that has an active Certificate to Recommend (CTR) from the state and then be diagnosed with one of the 20 qualifying medical conditions. Registration for the medical marijuana program carries an annual fee of $50 for patients and $25 for caregivers. Patients may then purchase medicinal marijuana products from state-licensed dispensaries with a valid Certificate of Operation.

How Many Medical Marijuana Patients are there in Ohio?

As of early 2019, over 17,000 patients have registered for the medical marijuana program in Ohio, according to the Marijuana Policy Project. This number is projected to grow as the program expands, especially since many parts of the state still do not have dispensaries or other facilities when medical marijuana can be obtained. The implementation of the medical marijuana programs in Ohio was very slow to roll out and the state allowed residents to travel to neighboring Michigan to purchase products and bring it back. Once the Ohio program is fully operational, the number of registered and active medical marijuana patients in the state is projected to be much higher.

What is the Potential for Recreational Marijuana in Ohio?

A proposed constitutional amendment that would legalize marijuana for recreational use in Ohio was certified by the Attorney General in 2018. The amendment would make the possession, production, and transportation of cannabis legal for all adults 21 and older. Experts expect that this legislation will pass in 2020, allowing for recreational sale facilities to begin serving the state as well. Just in the first few months since the first medical dispensary opened in January of 2019, nearly 4 million dollars of sales in marijuana products were recorded in the state. A recreationally legal market would be much larger with substantial sales to both residents and tourists expected in major urban areas like Cleveland and Cincinnati. According to the Ohio Cannabis Association, the marijuana market will reach $2 billion within the next couple of years in Ohio.

Marijuana Dispensaries in Ohio

The Botanist – Canton 3840 Greentree Ave Sw Unit 4Canton, Oh, 44706 330-623-7430

The Botanist – Wickliffe 30133 Euclid Avenue – Unit C Wickliffe, Ohio 44094 440-671-0420

Ohio Cannabis Company 23024 Co Rd 621 – Suite 1Coshocton, OH 43812 740-295-9182

The Forest – Sandusky 1671 Tiffin AveSandusky, OH 44870 419-405-6863
Website

CY+ Medical Marijuana Dispensary 180 Main StreetWintersville, OH 43953 740-617-8649

Terrasana Labs 10500 Antenucci Rd – Suite 200 Garfield Heights, OH 44125 216-232-2527

Terrasana Labs 1800 E State St. Fremont, OH 43420 419-463-2703

Terrasana Labs 656 Grandview Ave. Columbus, OH 43215 614-434-6929

Ohio Valley Natural Relief 840 Canton Rd. Wintersville, OH 43953 740-792-4267

Clubhouse Dispensary 709 Sugar LaneElyria, Ohio 44035 440-252-4046

FRX Health 1865 Dresden AveEast Liverpool, Ohio 43920 724-655-3335

Buckeye Botanicals 3 Acy AveJackson, Ohio 45640 740-577-9367

Ohio Marijuana Advocacy Groups and Resources

Ohio Cannabis Association

NORML – Ohio Chapter

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


Network Partners

Follow Us on Social Media

About CFN Media

CFN Media (CannabisFN) is the leading creative agency and media network dedicated to legal cannabis. We help marijuana businesses attract investors, customers (B2B, B2C), capital, and media visibility. Private and public marijuana companies and brands in the US and Canada rely on CFN Media to grow and succeed.

CFN launched in June of 2013 to initially serve the growing universe of publicly traded marijuana companies across North America. Today, CFN Media is also the digital media choice for the emerging brands in the space.

Learn How Your Company can Be Covered on CFN Media

Learn More About the CFN Media Sponsored Content Program

Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

Copyright © TDM Financial LLC · All Rights Reserved · Privacy Policy · Legal Disclaimer

loading