Marijuana Business Archives

35 People Testify Against Ohio Bill That Would Reduce THC Levels, Redirect Tax Revenue

35 People Testify Against Ohio Bill That Would Reduce THC Levels, Redirect Tax Revenue

COLUMBUS - Thirty-five people submitted opponent testimony against Ohio House Bill 160, which would reduce THC levels and redirect most of the tax revenue. State Rep. Brian Stewart, R-Ashville, introduced the bill two months ago and opponents testified against the bill for more than three hours during Wednesday’s House Judiciary Committee meeting. “H.B. 160 imposes a litany of negative changes

By Staff Writer|2025-05-11T10:43:05-04:00May 10th, 2025|Marijuana Business, News|

New Cannabinoid Discovered In Cannabis That Could Treat Forms Of Cancer

New Cannabinoid Discovered In Cannabis That Could Treat Forms Of Cancer

SOUTH KOREA - Researchers have announced that they’ve successfully identified a new cannabinoid—cannabielsoxa—produced by the marijuana plant as well as a number of other compounds “reported for the first time from the flowers of C. sativa.” The team of government and university researchers out of South Korea also evaluated 11 compounds in cannabis for antitumor

By Staff Writer|2025-05-11T10:45:55-04:00May 8th, 2025|Life Sciences, Marijuana Business, News|

Ohio Senate Would Require Hemp Products Be Sold Only At Dispensaries

Ohio Senate Would Require Hemp Products Be Sold Only At Dispensaries

COLUMBUS - The Ohio Senate unanimously passed a bill that would regulate intoxicating hemp and drinkable cannabinoid products. Ohio Senate Bill 86 would require intoxicating hemp products to be sold only at adult-use marijuana dispensaries instead of allowing them to be sold at CBD stores, convenience stores, smoke shops, or gas stations. The bill now moves

By Staff Writer|2025-05-11T10:45:57-04:00May 7th, 2025|Marijuana Business, News|

TerrAscend Acquires Ohio Dispensary, Entering 6th State Market

TerrAscend Acquires Ohio Dispensary, Entering 6th State Market

COLUMBUS - Canadian-based TerrAscend Corp. announced it has closed on its previously announced acquisition of the assets of Ratio Cannabis LLC, a cannabis dispensary located in Goshen Township, Ohio. The acquisition represents TerrAscend's initial entry into its sixth state, Ohio. This acquisition increases TerrAscend's retail footprint to 39 dispensaries across six U.S. states and Canada.

By Staff Writer|2025-05-11T10:45:57-04:00May 7th, 2025|Marijuana Business, News|

Why Ohio Pot Remains More Expensive Than Michigan

Why Ohio Pot Remains More Expensive Than Michigan

COLUMBUS, Ohio - Ohioans are paying less for marijuana than when recreational sales began but prices remain much higher than Michigan. When recreational sales launched in August 2024, the average price of flower was $9.40 per gram. Now, it costs about $6.30, according to data from the Ohio Division of Cannabis Control. That’s progress, but not enough

By Staff Writer|2025-04-30T17:39:51-04:00April 30th, 2025|Marijuana Business, News|

Michigan CRA Director Warns State Legislature Cannabis Industry Under Strain And Needs Reform

Michigan CRA Director Warns State Legislature Cannabis Industry Under Strain And Needs Reform

LANSING - Cannabis Regulatory Agency Executive Director Brian Hanna told state lawmakers this week that the cannabis industry is under extreme pressure from falling prices, black market activity and the growing unregulated, intoxicating hemp products sold in gas stations and other retailers that compete with licensed products sold through dispensaries. Hanna said at a regulatory

By Staff Writer|2025-04-26T11:50:11-04:00April 25th, 2025|Marijuana Business, News|

Indiana AG Urges Legislature To Reconsider Bill That Legalizes High-Potency THC Products

Indiana AG Urges Legislature To Reconsider Bill That Legalizes High-Potency THC Products

INDIANAPOLIS — Indiana Attorney General Todd Rokita has urged Indiana lawmakers to reconsider a bill that would legalize high-potency THC products by reclassifying them as hemp, such as Delta-8 and THC-laced gummies. In Letter from Todd Rokita to legislature on April 21 2025 sent Monday to the Indiana General Assembly and publicly shared Tuesday, the Republican warned

By Staff Writer|2025-04-26T11:50:13-04:00April 25th, 2025|Marijuana Business, News|

Ohio’s First Legal 420 Cannabis Holiday Generates $3 million Jump In Revenue for State’s Dispensaries

Ohio’s First Legal 420 Cannabis Holiday Generates $3 million Jump In Revenue for State’s Dispensaries

COLUMBUS — Sunday marked Ohio’s first legal 420 stoner day and recreational marijuana sales were booming in the weeks leading up to the official pot holiday. Ohio voters legalized recreational marijuana in the 2023 election, but dual-use dispensaries were first permitted to open in August 2024. According to data released by Ohio’s Division of Cannabis

By Staff Writer|2025-04-22T17:48:32-04:00April 22nd, 2025|Marijuana Business, News|

Celebrating 4/20 In Ohio? What To Know Before You Buy Your Pot

Celebrating 4/20 In Ohio? What To Know Before You Buy Your Pot

CINCINATTI - Sunday marks the first 420 − the unofficial holiday for cannabis enthusiasts − since recreational marijuana sales began in Ohio. Dispensaries opened their doors for consumers 21 and older last summer, months after voters legalized adult-use marijuana at the ballot box. Ohioans near the Michigan border, will be able to buy an ounce of cannabis for

By Mike Brennan|2025-04-18T11:19:38-04:00April 18th, 2025|Marijuana Business, News|

Michigan Pot Sales In March Reverse 3-Month Decline, Up 14.5 Percent Since February

Michigan Pot Sales In March Reverse 3-Month Decline, Up 14.5 Percent Since February

LANSING - Michigan cannabis sales recovered in March posting $276.95 million in sales, up 14.5% from February, according to newly released data from the Michigan Cannabis Regulatory Agency. Sales growth occurred in all sales categories, but the biggest gainer was flower. The industry sold 15,000 more pounds of adult-use flower in March, totaling $121.5 million,

By Mike Brennan|2025-04-16T13:49:26-04:00April 16th, 2025|Featured, Marijuana Business, News|