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US (OH): State legislators urged to release cannabis tax funds owed to local municipalities

The village of Woodmere is calling on the Ohio General Assembly to fulfill its promise to municipalities that host adult-use cannabis dispensaries by releasing the funds collected through the state's cannabis excise tax.

On Wednesday (June 11), Village Council passed a resolution -- strongly supported by Mayor Ben Holbert -- urging lawmakers to appropriate and distribute the Host Community Cannabis Fund as originally intended. Despite Ohio generating more than $20 million since the passage of Issue 2, none of the revenue has reached local governments, according to a news release from the village.

Issue 2 legalized recreational marijuana statewide in November 2023. The initiated statute took effect Dec. 7, 2023.

"When Ohio voters approved Issue 2, the deal was clear: If communities agreed to host dispensaries, they would share in the economic benefits," Holbert said in the news release.

Read more at Cleveland