Ohio Awards Just 7 Provisional Cannabis Processing Licenses

The Ohio Department of Commerce released the names of seven companies that it has granted provisional licenses for processing after having previously selected cultivation and dispensary license holders.  The state is authorized to issue up to 40 provisional licenses.

The companies posted to its website include Ohio Grown Therapies, Fire Rock Processing, Ohio Green Grow, Greenleaf Therapeutics, which won multiple licenses but must choose just one within ten days, Grow Ohio Pharmaceuticals, Standard Farms Ohio and Corsa Verde.

The department indicated that there were six other applicants that may be eligible pending tax and/or background checks. It also suggested a second round of review for the remaining applicants who need to clarify certain aspects of their initial applications. Here is the complete list of applicants:

Breaking News by Alan Brochstein, CFA
Alan Brochstein, CFA
Based in Houston, Alan leverages his experience as founder of online communities 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email

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