Ohio House Committee Hears Adult-Use Cannabis Legalization Bill

Ohio House Committee Hears Adult-Use Cannabis Legalization Bill
Cannabtimes

<![CDATA[The Ohio House Finance Committee heard an adult-use cannabis legalization bill Dec. 6, despite time running out in the current legislative session, which is set to adjourn Dec. 21.Ohio Reps. Casey Weinstein, D-Hudson, and Terrence Upchurch, D-Cleveland, introduced House Bill 382 last year to allow adults 21 and older to purchase and consume cannabis, as well as grow a limited number of plants at home for personal use.RELATED: Buckeye Duo Formally Files Adult-Use Cannabis Bill in OhioAt Tuesday’s House Finance Committee hearing, Weinstein said legalizing adult-use cannabis in Ohio would increase public safety and boost the state’s economy, according to a local NBC 4 report.“Our state is actively losing dollars to neighboring states with recreational programs and missing out on hundreds of millions of dollars in potential tax revenue,” Weinstein said, according to the news outlet.H.B. 382 would create a cannabis regulatory agency within the Ohio Department of Commerce to oversee the licensing of cannabis cultivators, processors, dispensaries and testing laboratories, NBC 4 reported. The newly established agency would be responsible for reviewing and approving license applications, as well as developing guidelines for license revocation.The bill would levy a 10% tax on cannabis retailer’s gross sales, and directs the revenue generated to very specific areas—35% would go to road and bridge maintenance, 35% to K-12 education, and 32% to municipalities that host dispensaries, NBC 4 reported.H.B. 382 also mandates that $20 million be designated annually for the first two years to clinical trials and research on cannabis as a treatment option for veterans, according to the news outlet.The legislation would allow adults to possess up to 5 ounces of cannabis and 15 grams of concentrates, but consumption would be prohibited in public places, vehicles and K-12 schools, NBC 4 reported.While H.B. 382 includes expungement provisions for those previously convicted of…

Excerpt only …
READ MORE BELOW
Source : Ohio House Committee Hears Adult-Use Cannabis Legalization Bill

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.