This morning, the Ohio Department of Commerce announced license approvals for 11 Level I cultivators. As you will notice, there was no license awarded to Liberty Health Sciences (CSE:LHS) (OTC:LHSIF), the American sister-company of Aphria Inc. (TSX:APH) (OTC:APHQF).
Besides the bad news for shareholders of Liberty Health, this was also bad news for shareholders of MPX Bioceutical (CSE: MPX) (OTC: MPXEF), which also put in three applications under the name GreenMart. Shares of Liberty are being hit far harder than MPX in the markets today, currently down over 30% intraday compared to MPX, which is down nearly 10%.
While interested parties could submit multiple applications, they were only able to receive one provisional license each. These Level I cultivators will be the largest in Ohio, as each Level II licensee is capped at having 3,000 square foot maximum of grow space. Each awarded Level I licensee will be allowed to have a whopping 25,000 square feet of cultivation operations.
The licensees and their applications are as follows:
Score - 179.28 Buckeye Relief LLC (Eastlake, Lake County)
Score - 173.44 Grow Ohio Pharmaceuticals LLC (Newton Township, Muskingum County)
Score - 173.28 OPC Cultivation LLC (Huron, Erie County)
Score - 172.72 Riviera Creek Holdings LLC (Youngstown, Mahoning County)
Score - 167.64 Pure Ohio Wellness LLC (Springfield, Clark County)
Score - 167.08 Columbia Care OH LLC (Mt. Orab, Brown County)
Score - 165.48 Terradiol Ohio LLC (Canton, Stark County)
Score - 161.28 Standard Wellness Company LLC (Gibsonburg, Sandusky County)
Score - 161.28 AT-CPC of Ohio LLC (Akron, Summit County)
Score - 159.80 Cresco Labs Ohio LLC (Yellow Springs, Greene County)
Score - 153.08 Parma Wellness Center LLC (Parma, Cuyahoga County)
Score - 142.04 Harvest Grows LLC (Hamilton Township, Lawrence County)
Score - 142.04 Harvest Grows LLC (Cleveland, Cuyahoga County)
The awarded Level I cultivator provisional licensees have up to 10 days to choose the location for the cultivation facility.
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