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Home 🌿 Marijuana Business News 🌿 Ohio Analyst Report: Forging a New Path to Marijuana Legalization 🌿

Ohio Analyst Report: Forging a New Path to Marijuana Legalization

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Submitted by Marijuana News on Thu, 10/22/2015 - 10:23

New Frontier’s team takes an in depth dive into ResponsibleOhio’s approach to legalization and assesses the viability of the proposal, as well as, the potential outcome for the market. ResponsibleOhio projects that by 2020 Ohio will see $2.26 billion in retail sales.  New Frontier assessed the plan and came back with a projection of $1.88 billion by 2020. This report looks at the key factors that will have a direct bearing on the success of Ohio’s ballot initiative to legalize:

 ·         10 producer limit is a poison pill for legalization supporters

·         Ohio would be first state to pass recreational marijuana without first passing medical

·         The aggressive timeline to develop the industry’s regulations will create less opportunity for a fully inclusive rule-making process

·         Producer limits could impede regulator options to expand the market

DOWNLOAD THE REPORT HERE

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