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home / articles / GTBIF - Ohio's Adult-Use Cannabis Market Takes Its First Major Step | Benzinga


GTBIF - Ohio's Adult-Use Cannabis Market Takes Its First Major Step | Benzinga

Ohio's Division of Cannabis Control (DCC) issued its inaugural batch of dual-use certificates on Friday, officially opening the door for four cultivators and six processors to enter the state’s adult-use cannabis market, legalized in a November 2023 ballot vote.

Initial Licenses Granted To Key Players

The state began accepting applications for recreational marijuana sales on June 7. Since then, the DCC received 230 applications for dual-use sales, meaning a medical dispensary can also sell recreation marijuana and another 190 new dispensary license applications, reported WKRC.

Among recipients of the first dual-use certificates are established names like Riviera Creek Holdings and Pure Ohio Wellness, according to to the Cannabis Business Times.

See Also: 20% Price Surge: Ohio Adult-Use Cannabis Consumers Could Initially Pay More Due To High Demand, Limited Supply

Riviera Creek, based in Youngstown, has been a fixture in Ohio’s medical cannabis market since January 2019.

"Riviera Creek is thrilled to earn a dual-use license and looks forward to providing its top-tier products to adults across the state of Ohio," said CEO, Daniel Kessler. ...

Full story available on Benzinga.com

Stock Information

Company Name: Green Thumb Industries Inc
Stock Symbol: GTBIF
Market: OTC
Website: gtigrows.com

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