A Republican lawmaker in Ohio has launched a invoice that might increase adult-use marijuana gross sales taxes, restrict residence grows and prohibit social fairness licenses and job applications.
Senate Invoice 56, launched by Republican Sen. Steve Huffman, would enhance the gross sales tax from 10% to fifteen% and cap the variety of hashish shops within the state at 350, in keeping with The Columbus Dispatch.
The proposal, which additionally consists of lowering THC efficiency caps from 90% to 70% and home-grown crops from 12 to 6, is a deviation from the desire of voters, who overwhelmingly accepted legalizing the cultivation and sale of leisure marijuana in a November 2023 poll measure.
Main as much as that vote, lawmakers within the state’s Republican-dominated Basic Meeting vowed to make adjustments to the laws however couldn’t discover widespread floor.
The referendum required regulators to challenge licenses by Sept. 7 to transformed medical marijuana companies.
Although Ohio launched adult-use gross sales in August with no social fairness program, Concern 2 additionally mandated {that a} portion of hashish tax income be used to create alternatives for disenfranchised candidates.
In the meantime, Ohio’s leisure marijuana market is already exhibiting indicators of value contraction, solely 5 months after gross sales started, in keeping with an MJBizDaily evaluation this week.
