Given its newness, the medical marijuana industry in Ohio is being heavily regulated, and lawmakers are keeping a close eye on those who have been given licenses and certificates to conduct business in this field. This means that they are quick to act on violations, which could mean stalled business and the revocation of licenses. Therefore, those who work in the medical marijuana field in Ohio need to make sure they are in full compliance with the law.
Given the newness of Ohio's legalization of medical marijuana, a lot of kinks in the system are being worked out. This means that medical marijuana businesses that think they are operating in accordance with the law may find themselves accused of breaking it. This can have tremendous adverse effects on a business, including the imposition of fines, the loss of consumer bases and even mandatory shutdown. With so much at stake, medical marijuana businesses in Ohio need to know how to successfully navigate the various laws and regulations that relate to them.
Although medical marijuana is legal in Ohio and other states across the country, it is heavily regulated to ensure patients are receiving effective and safe products. Therefore, all businesses in the medical marijuana supply chain must adhere to all state laws. Failure to do so can result in serious penalties, including revocation of the licenses or certificates that are necessary to conduct business in this field.
Opening and operating a business is a difficult endeavor and not for the faint of heart. Businessmen or women have to contend with a lot of paperwork in the process of putting up their business and ensuring that the best people are hired as employees. In the medical marijuana industry, however, this process is even more complicated as there are a number of administrative agencies and policies to comply with, from everything to entity creation to employee hiring. Even hiring or firing someone can become a cause to lose one's license, if people are not careful.
Patients suffering from chronic conditions with no respite from pain likely rejoiced the day that medical marijuana was approved in Ohio. Twenty-one conditions were approved initially in Ohio, ranging from cancer, glaucoma, seizures and AIDS to Alzheimer's, Crohn's Disease and Parkinson's disease. New conditions have to be approved by the State Medical Board of Ohio and many readers of this blog may remember the process that was underway during the summer to add to the list.
The first medical marijuana dispensary in Ohio opened in January and seven months in, cardholders are not satisfied with the way the program is operating. According to an online survey that 640 patients responded to, almost 50% stated they were very dissatisfied with the program and only around 4% said they were very satisfied. However, given that there are 52,000 medical marijuana cardholders in the state, it can only be considered an important snapshot of the situation, not a complete picture.
Medical marijuana licenses are strictly controlled in Ohio, making the program different from others in the country. Other states saw applicants submitting great applications and gave them provisional licenses that they would then sell. Ohio is attempting to prevent that from happening here, which is why ownership rules are strictly regulated.
Running a business is difficult enough in today's economic climate, but add to it an ever-changing landscape and it can become even more complicated. The marijuana business is heavily regulated with complex rules that are constantly evolving. Add to that the fact that rules differ from state to state and there is a completely different code of federal laws applicable as well. All this can be complicated for someone trying to run a business in the industry, in an attempt to help ailing individuals get relief from the symptoms from which they suffer.
A recent move in Ohio to separate hemp from state drug laws caused confusion in the state, with many claiming recreational marijuana had become legal in the state. However, this was not the case, as officials explained-industrial hemp and products made from its active ingredient, cannabidiol, have been legalized only. Ohio is one of the last states to legalize hemp.
Many thought that the legalization of medical marijuana would bring about a change in the state, as people with the approved conditions could now legally obtain products that could improve the quality of their life. The industry was expected to blossom and large profits were forecast. Unfortunately, this has yet to happen as high prices have prevented many from purchasing medical marijuana legally and only a fraction of dispensaries have been granted operating licenses.