Cresco Labs has announced the opening of its Ohio dispensary and has claimed the first legal sale of medical marijuana in the state.
Cresco Labs’ new dispensary is named a CY+, which it says is pronounced “see why plus”. It’s located in Wintersville, which is a 2 hour+ drive from the state’s capital, Columbus.
TIP: When you feel the need to explain how to pronounce the name of a business, then it probably isn’t a great name.
Regardless of the name, Wintersville medical cannabis patients will no doubt be very pleased with its presence. The company is certainly chuffed to be the first cab off the rank.
“Cresco has repeatedly scaled the steepest learning curves in the most highly regulated markets to get operational and to establish a dominant market position,” said CEO Charlie Bachtell. “Our achievement in Ohio again shows Cresco Labs’ ability to efficiently put capital to use for the benefit of state programs, patients and our shareholders.”
Cresco has also constructed a 50,000-square-foot growing and cultivation facility located in Yellow Springs, Ohio. The company says CY+ has launched with only flower products, but more products from its own lines and other brands will be made available in the time ahead.
The company wasn’t Robinson Crusoe on Wednesday, it had competition elsewhere in the state, and in Wintersville itself.
Earlier this week, the State of Ohio Board of Pharmacy awarded another four Dispensary Certificates of Operation. Those businesses are operating in Wintersville, Canton, Wickliffe and Sandusky.
Cleveland.com reports at least three of the four dispensaries had product left at the end of the day, but some were putting tight limits on the quantity that could be purchased.
According to the last published count, the Board reported the state’s program has 4,964 recommendations in the Patient and Caregiver Registry, and of those 3,575 had activated their Registry Card. More than 350 physicians have an active certificate to recommend medical marijuana for the treatment and management of 21 qualifying conditions; including Alzheimer’s disease, cancer, epilepsy or another seizure disorder, chronic and severe or intractable pain, Parkinson’s disease, traumatic brain injury and ulcerative colitis.
A full list of qualifying conditions and other information on the Ohio Medical Marijuana Control Program can be found here.