Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

US (OH): Bill to overhaul MMJ program could kill industry, critics warn

Growers, processors, and sellers of Ohio’s medical cannabis sounded the alarm Tuesday about lawmakers’ approach to keeping the drug industry afloat.

Amid a medical cannabis program that’s hindered by a surplus of product and a dwindling patient population, Sens. Stephen Huffman (R-Tipp City) and Kirk Schuring (R-Canton) revived in January a proposal to reverse the 6-year-old program’s troubling tide. But critics – including one of the first Ohioans to earn a medical marijuana license – said it could destroy the already oversaturated market.

“It’s about economics 101. It’s supply and demand,” said Matt Close, executive director of the Ohio Medical Cannabis Industry Association. “And this is simply a massive cannabis expansion bill.”

Senate Bill 9 would expand who’s eligible for a medical cannabis recommendation, increase the number of dispensaries and give cultivators more square footage to grow the plant. It would create the Division of Marijuana Control (DMC), a new state agency under the Department of Commerce, to lead the program – transferring current authority from three state agencies, including the State Board of Pharmacy.

Read more at wdtn.com

Publication date: