State awards license to new Ohio medical marijuana cultivator with Northeast Ohio dispensaries

Laura Hancock Advance Ohio Media, Cleveland (TNS)

COLUMBUS, Ohio – Green Thumb Industries, a cannabis company publicly traded on the Canadian Securities Exchange, received an Ohio medical marijuana cultivation license, after a successful appeal to an earlier state denial, the company announced Friday.

Green Thumb Industries, known as GTI, is already licensed to operate dispensaries under Ohio’s medical marijuana program in Cleveland, Lorain and Toledo under the store name Rise. Two additional Rise stores in Lakewood are on track to open later this year, the company said.

The cultivation facility will be in Toledo. It will grow flower for the Ohio dispensaries. Also in Toledo, the company is building a processing operation to extract medical marijuana’s active ingredient – THC or tetrahydrocannabinol – for topicals, edibles and other products that will also be sold in its Ohio stores.

“This win allows GTI to expand our brand portfolio in Ohio to include the cultivation of our award-winning genetics and supports the company’s strategic goal of distributing brands at scale,” said Ben Kovler, the company’s CEO, in a statement.

After second look, state committee rejects Ohio medical marijuana for anxiety, autism

A committee within the State Medical Board of Ohio examined medical marijuana for Ohioans with autism spectrum disorder and anxiety. They rejected the drug for those conditions.

Toledo Mayor Wade Kapszukiewicz said in the statement the grow operation it will create new jobs for the area.

“This is another win for our city and the state of Ohio.”

Laura Hancock Advance Ohio Media, Cleveland (TNS)

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