Cannacurio #97: Ohio's dual-use licenses just got eliminated. What you need to know…

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With much fanfare, Ohio has moved up its timeline for adult-use cannabis availability in the state. Instead of a Sept. 7 launch, regulators approved 60 licenses shortly after the window opened on June 7. Some media reported that 62 licenses were issued, but upon closer inspection, two had the same address as the regulator's office in downtown Cleveland and were marked TEST. Those are best ignored. Here's the breakdown of the license types issued:

Interestingly, regulators have approved provisional licenses for the entire value chain:

Of course, part of the sport of our industry is tracking the impact of any action or policy on MSOs. The original list of 60 hides many MSOs as other companies are cited. However, cross-referencing the licenses with their medical license data in the Cannabiz Media Business Intelligence platform sheds light on their footprints:

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Acreage and Trulieve expanded their retail presence, while Cresco, PharmaCann and Standard Wellness achieved cycle success and secured licenses across the value chain.

These 60 license permits have been issued to 33 cities so far. 11 of the cities received more than one permit, while Columbus received 10 of them. Here are all the cities with more than one permit:

This will be an ongoing process in Ohio. Jamie Crawford, a spokesperson for Ohio's Division of Cannabis Control, said they had received 235 applications as of noon Friday, June 21. It seems the division is wasting no time getting its adult-use program up and running. Hopefully, it will help the state fend off the illegal market by providing Ohioans with safe places to purchase cannabis.

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Ed Keating is the co-founder of Cannabiz Media and oversees the company's data research and government relations. He has spent his career working with and advising information companies on compliance. Ed has led product, marketing and sales while overseeing complex, multi-jurisdictional product lines in the securities, corporate, UCC, security, environmental and human resources sectors.

At Cannabiz Media, Ed enjoys the challenge of working with regulators around the world as he and his team gather corporate, financial and licensing information to track the people, products and companies in the cannabis economy.

Ed graduated from Hamilton College and received his MBA from the Kellogg School of Northwestern University

Cannabiz Media clients can stay up to date on these and other new licenses through our newsletters, alerts and reporting modules. Subscribe to our newsletter to receive these weekly reports in your inbox. Or you can schedule a demo to get more information on how you can access the Cannabis Market Intelligence Platform yourself to dive deeper into this data.

Cannacurio is a Cannabiz Media column featuring insights from the most comprehensive cannabis market intelligence platform. Stay up to date with the latest updates and information through Cannacurio's posts and podcasts.