Ohio state lawmakers are poised to finish 2023 without making promised changes to the adult-use marijuana legalization initiative voters passed in November.
Instead, the Ohio General Assembly will enter 2024 with advocates, including existing industry operators, pushing for an accelerated opening date for what could be a $2 billion legal cannabis market within a year.
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For now, the lack of promised action is easing industry fears of a major rewrite of the new adult-use law, including a state Senate-proposed elimination of a social equity program and a de facto ban on concentrated cannabis.
Ohio became the 24th state to legalize adult-use cannabis when more than 57% of voters approved Issue 2 last month.
Possession and home-grow cultivation became legal Dec. 7, and state regulators are authorized to start issuing adult-use business licenses within nine months.
Sales are projected to reach as high as $2 billion in the first
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