As Ohio prepares for its new medical marijuana law to take effect, potential pot proprietors are left wondering how things are going to shake out for the industry, legally speaking. Even as states like Colorado and Washington enter their fourth year of full legalization, ambiguities about the legality of cannabis persist. Many banks shy away from doing business with pot-related …
Cashless payment system proposed for Ohio medical marijuana program
Ohio’s new medical marijuana law proposes a new way around the bank problem. The law allows state officials to set up a “closed loop” payment processing system, similar to prepaid debit and gift cards. Sen. Bill Coley, who proposed that part of the law, said it will alleviate security concerns associated with securing and transporting large amounts of cash and …
Cashless payment system proposed for Ohio medical marijuana program
Could Ohio have a solution to the marijuana industry’s cash-only problem? The state’s new medical marijuana law proposes a closed-loop payment processing system that would rely on something similar to pre-paid debit or gift cards, according to Cleveland.com. Legal marijuana companies have had to rely on cash-only transactions because banks, credit unions and credit card companies are reluctant to do …
Ohio Board of Pharmacy must establish the following standards and procedures for Patients of Medical Marijuana
The Ohio Board of Pharmacy must establish the following standards and procedures to register patients, caregivers and retail dispensary licenses for the program by September 6, 2017: Application procedures and fees for licenses and registration All of the following: Conditions for eligibility for a license Criminal offenses that disqualify a party from obtaining a license Criminal offenses that do not …
Ohio Department of Commerce must establish the following standards and procedures for Medical Marijuana
The Ohio Department of Commerce must establish the following standards and procedures for the program’s cultivators, processor and laboratory licenses by September 6, 2017, and for cultivator licenses by May 4, 2017: Application procedures and fees for licenses and registration All of the following: Conditions for eligibility for a license Criminal offenses that disqualify a party from obtaining a license …
Timeline to legal medical cannabis in Ohio
House Bill 523 was signed by Gov. Kasich June 8th, 2016 and becomes law September 8th, 2016. But that is just the beginning of the 2 year implementation program that HB 523 sets out for Ohio’s new medical marijuana program. Here is a detailed timeline of the events for the program to be fully complete: May 26th, 2016: HB 523 …
Ohio medical marijuana law allows limited possession, use on Sept. 8, but doesn’t say where people can get it
When Ohio’s medical marijuana law takes effect Sept. 8, people can possess and use the drug without going to jail. But the new law doesn’t specify where people can get marijuana. Lawmakers have said that until the state’s dispensaries are set up, residents can travel to Michigan or another legal state and bring marijuana back. But legal experts say doing …
How Will Ohio Patients Get Medical Marijuana In September?
Ohioans looking for medical marijuana this fall may not be able to get the drug legally right away. Doctors in the state will be able to give patients written certification that they can use marijuana in certain forms starting in September. However, actually finding the drug through legal channels will be a challenge. State Sen. Kenny Yuko has been working …
Medical marijuana “legal” in September, but Ohio doctors won’t likely be certified to recommend it
Nearly a month after Gov. John Kasich signed a bill legalizing medical marijuana in the state of Ohio, the Ohio State Medical Association tells newsnet5.com that physicians are far from completing the certification process to be able to recommend it to patients. Ohio patients will legally be able to use medical marijuana on Sept. 8 but they won’t be able …
Ohio Takes a Baby Step Toward Building a More Equitable Marijuana Industry
Gov. John Kasich recently signed into law Ohio’s Medical Marijuana Program, making Ohio the 25th state to implement its own medical marijuana laws. The program, like many others across the country, is heavily regulated – requiring oversight by the Ohio State Medical Board and the Board of Pharmacy – and like in many other states, legislators fought to distinguish the …