GOP Lawmakers Still Haggling Over Ohio's Voter-Approved Cannabis Law, Medical Marijuana Fees Slashed To A Penny
Portfolio Pulse from Maureen Meehan
Ohio has reduced annual registration fees for medical marijuana patients and caregivers to one cent, amidst delays in implementing the state's voter-approved adult-use cannabis law. Political disagreements have stalled the process, with towns opting out of cannabis sales. Cresco Labs, operating dispensaries and a growth facility in Ohio, remains optimistic about eventual community acceptance. The Benzinga Cannabis Capital Conference in Florida is highlighted as an upcoming event for cannabis entrepreneurs.

March 05, 2024 | 2:59 pm
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Cresco Labs operates several dispensaries and a growth facility in Ohio, remaining optimistic about community acceptance of cannabis sales despite current political and legal challenges.
Cresco Labs' optimism and operational presence in Ohio suggest a positive outlook for its business despite the current regulatory hurdles. The company's anticipation of eventual community acceptance and the potential for increased tax revenue from cannabis sales could lead to a favorable environment for Cresco Labs' growth in the state.
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