The bill amends the Revised Code to regulate the sale and taxation of intoxicating hemp products and drinkable cannabinoid products in Ohio. It establishes new sections (3779.01 to 3779.99) that define key terms related to hemp, such as "vapor product" and "processed hemp flower," while deleting outdated references to certain hemp products. The legislation prohibits the sale of intoxicating hemp products outside licensed dispensaries and introduces a tax framework for these products, ensuring state revenue collection. Additionally, it outlines comprehensive regulations for hemp cultivation and processing, including licensing requirements, background checks for applicants, and compliance with federal law.

Furthermore, the bill sets specific regulations for drinkable cannabinoid products, including age restrictions for purchasers and mandatory labeling requirements. It prohibits the sale of these products to individuals under twenty-one and establishes rules to prevent conflicts of interest between manufacturers and retailers. The bill also addresses possession regulations, allowing opened containers in private residences while imposing restrictions in public places. It enhances tax compliance by requiring dispensaries and manufacturers to register with the tax commissioner and file monthly returns, while also introducing penalties for non-compliance. Overall, the legislation aims to create a structured and regulated framework for the hemp market in Ohio, balancing consumer safety with economic opportunity.

Statutes affected:
As Introduced: 131.02, 715.013, 928.01, 928.03, 4506.01, 5502.01, 5502.13, 5502.14, 5703.052, 5703.053, 5703.19, 5703.263, 5703.50, 5703.70, 5703.77
As Reported By Senate Committee: 131.02, 715.013, 928.01, 928.03, 4506.01, 5502.01, 5502.13, 5502.14, 5703.052, 5703.053, 5703.19, 5703.263, 5703.50, 5703.70, 5703.77
As Passed By Senate: 131.02, 715.013, 928.01, 928.03, 4506.01, 5502.01, 5502.13, 5502.14, 5703.052, 5703.053, 5703.19, 5703.263, 5703.50, 5703.70, 5703.77