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Ohio on Verge of Creating One of Largest Medical Marijuana Markets in the U.S. Ohio cannabis legislation

By John Schroyer

Ohio appears poised to become the newest state to approve a medical marijuana program, which could create one of the largest MMJ industries in the nation with patient numbers in the hundreds of thousands and annual sales in the hundreds of millions of dollars.
A medical marijuana bill approved by lawmakers last week stands a good chance of becoming law and is now the only legalization option left in the state for 2016.

The Marijuana Policy Project-backed campaign that was gathering signatures for a ballot measure this November halted its effort last weekend after Ohio lawmakers passed their measure.

That means the legislature’s bill will be the foundation for a new cannabis industry in Ohio, as long as Gov. John Kasich signs it into law.

State Rep. Stephen Huffman, a Republican, said he has received indications from Kasich aides that the governor is planning on signing House Bill 523.

“We passed it last Wednesday. He has 30 days to sign it, and I’m confident that he will,” Huffman said Tuesday.