Ohio to License 18 Medical Marijuana Growers

Ohio will license 12 large growers and six smaller cultivators for its new medical marijuana industry and require them to be ready to grow marijuana within nine months of getting their initial licenses, according to cultivator rules unveiled Tuesday.

Licensed cultivators will be required to demonstrate they have adequate capital funding, quality assurance and security plans, and test their product through a qualified laboratory before packaging and distributing the drugs, the rules show.

License fees for the dozen Level 1 cultivators will be $180,000 each, plus a $20,000 application fee. The six Level 2 licensed cultivators will each pay an $18,000 license fee, plus a $2,000 application fee.

– Read the entire article at News.