Effective September 2016, medical marijuana was legalized in the state of Ohio. Millions of state residents became eligible to receive prescriptions for cannabis if they are suffering from a qualifying medical condition. Many serious disorders qualify, including a wide range of chronic or degenerative illnesses. These particular illnesses often involve severe pain and may result in death.
Legalization left a wide variety of issues for regulators and industry to work out. Now, however, the outlines of the rules that must be followed are finally coming to light. Ohio set a June start date to accept medical marijuana grower applications. The total number of growers that will be accepted under the initial program is 24, more than in many other states.
This represents a tremendous opportunity for the most well prepared businesses.
Millions of Ohio Locals Are Likely to Use Medical Cannabis
States where marijuana has been legalized – for medical or recreational purposes – have seen a tremendous windfall in their tax base. Economies are booming thanks to the tens of millions of dollars that have been invested into cannabis. Not surprisingly, legal marijuana production is one of the fastest growing areas of the economy.
Why is this such a great opportunity?
Many of the disorders treated with medical cannabis are age-related, and the population is getting older. In 2010, more than 14 percent of the Ohio population was age 65 or older. That was a change of a remarkable 7.58 percent from the figures collected in the 2010 census.
Older people are much more likely to suffer from qualifying conditions such as Parkinson’s disease, Alzheimer’s disease, fibromyalgia, glaucoma and many more. Ohio already has a robust demand for high quality medical marijuana and it is only likely to expand in the future.
Legal Marijuana Growers Need Help from American Cannabis Company, Inc.
A legal cannabis business could be one of the best decisions you ever make. However, there is a long and involved process to acquire the necessary permits and expertise. Dozens of individual rules must be followed across all phases of the business.
To ensure your medical cannabis investments are as successful as they can be, come to us at American Cannabis Company, Inc. Our experts can help with all issues relating to business planning and permitting in the state of Ohio.
Established in Colorado, American Cannabis Company, Inc. has been at the forefront of the business of marijuana since the earliest push for legalization. To get immediate assistance, contact us.