Economic impact of medical marijuana grow operations could be re - News weather sports for Youngstown-Warren Ohio

Economic impact of medical marijuana grow operations could be revealed Monday

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Companies that want to cash in on growing medical marijuana in the valley are vying for approval to begin operations in the city of Youngstown.

Youngstown Ward 4 City Councilman Mike Ray joined WFMJ Weekend Today on Saturday to explain what he and his fellow council members expect to hear when they gather to listen to proposal pitches from five companies on Monday.

Ray believes the companies will likely detail how their operation could boast economic benefits for the city, including the number of jobs each would create should they receive permit approval. 

He's not surprised by the number of companies interested despite the fact that Ohio will offer a limited number of growing operation licenses.

In terms of where the companies could potentially locate, Ray says he's heard some are looking at buildings, some possibly vacant, that are already standing.

"I've heard some people talk and look at different facilities, you're looking at about 25,000 square feet for the indoor cultivation operation, so that's a pretty good sized place," he said.

In his Ward, Ray says he's mostly fielding questions about how the industry would be regulated in Ohio.

City leaders can't stop medical marijuana companies from getting licenses in Ohio, but they can decide whether or not to give them the permits to set up shop.

Ray says he likes the fact that the state is allowing local control on permits unlike the the permits issued for drilling in the oil and gas industry.

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