To some fanfare, Ohio pushed up their timeline for adult use cannabis to be made available in the state. Instead of a September 7^th launch, the regulators approved 60 licenses soon after the window opened on June 7th. Some outlets reported that 62 licenses were issued but upon closer inspection, two had the same address as the regulator in downtown Cleveland and were labeled TEST. Best to ignore those. Here’s the breakdown on license types issued:

License Types

Interestingly regulators signed off on provisional licenses across the whole value chain:

MSOs

Of course, it is part of the sport of our industry to track the MSO impact of any move or policy. The original list of 60 hides a lot of the MSO’s as other entities are cited. However, cross-referencing the licenses with their medical license data in the Cannabiz Media Business Intelligence platform sheds light on their footprints:

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Acreage and Trulieve increased their retail footprint while Cresco, PharmaCann, and Standard Wellness hit for the cycle and secured licenses across the value chain.

Geography

These 60 license approvals have been bestowed on 33 towns so far. 11 of the cities received more than one approval while Columbus scored 10 of them. Here are all the cities with more than one approval:

Conclusion

This will be an ongoing process in Ohio.  Jamie Crawford, a spokesperson for Ohio’s Division of Cannabis Control shared that they had received 235 applications as of noon on Friday, June 21. It appears that the division is wasting no time in getting their adult use program up and running. Hopefully, it will help the state stave off the illicit market by giving Ohioans safe places to purchase cannabis.  

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Author

Ed Keating is a co-founder of Cannabiz Media and oversees the company’s data research and government relations efforts. He has spent his career working with and advising information companies in the compliance space. Ed has managed product, marketing, and sales while overseeing complex multi-jurisdictional product lines in the securities, corporate, UCC, safety, environmental, and human resource markets.  

At Cannabiz Media, Ed enjoys the challenge of working with regulators across the globe as he and his team gather corporate, financial, and license information to track the people, products, and businesses in the cannabis economy.  

Ed graduated from Hamilton College and received his MBA from the Kellogg School at Northwestern University

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