Ohio Approves 34 Dispensaries As Recreational Sales Near, New Cannabis DUI Testing Bill Controversy
Portfolio Pulse from Patricio Liddle
Ohio is nearing the launch of its recreational cannabis market, with 34 medical cannabis businesses approved to expand into adult-use sales. Key players like Riviera Creek, Pure Ohio Wellness, and Green Thumb Industries Inc (OTC:GTBIF) are ramping up production. However, sales are pending until dispensaries receive dual-use licenses by September 7. House Bill 230, introducing oral fluid tests for impaired drivers, has sparked controversy over its reliability.
July 31, 2024 | 9:11 pm
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Green Thumb Industries Inc (OTC:GTBIF) has received dual-use certificates and is ramping up production in anticipation of Ohio's recreational cannabis market launch.
Green Thumb Industries Inc (OTC:GTBIF) is directly involved in Ohio's upcoming recreational cannabis market, having received dual-use certificates. This positions the company to benefit from increased demand, likely boosting its stock price in the short term.
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