Ohio's Adult-Use Cannabis Market Takes Its First Major Step
Portfolio Pulse from Franca Quarneti
Ohio's Division of Cannabis Control (DCC) has issued its first batch of dual-use certificates, allowing four cultivators and six processors to enter the state's newly legalized adult-use cannabis market. Key players like Riviera Creek Holdings and Pure Ohio Wellness have received these certifications. Green Thumb Industries Inc (OTC:GTBIF) is also among the recipients. The DCC plans to issue dual-use licenses to dispensaries starting September 7, with sales dependent on each dispensary's readiness.
July 20, 2024 | 12:30 pm
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Green Thumb Industries Inc (OTC:GTBIF) has received dual-use certification from Ohio's Division of Cannabis Control, allowing it to enter the state's adult-use cannabis market.
Green Thumb Industries Inc (OTC:GTBIF) is now certified to operate in Ohio's adult-use cannabis market, which is expected to see high demand and limited supply initially. This could positively impact GTBIF's stock price in the short term.
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