Competition for Ohio dispensary licenses is red hot – Crain's Cleveland Business

Off state Route 261 on the outskirts of Kent’s university-powered downtown is a unique but troubled property known as “The Dome” that has struggled to keep a stable tenant throughout its many incarnations.

In years past, The Dome — which features an actual geodesic dome — has been home to a strip club, a restaurant and, most recently, an indie music venue. It’s an eye-catching building, compared with the neighborhood and office buildings surrounding it. Yet, today, it sits empty and in disrepair.

It could see new life once again, however, and some $600,000 in upgrades, if Geoff Korff, CEO of burgeoning marijuana company Galenas, wins one of just several dozen highly coveted and potentially lucrative medical marijuana dispensary licenses being awarded by the state in the coming months.

Galenas runs a Level II cultivation facility in Akron, but the company is already in progress with establishing itself in Michigan. It’s looking to expand its operations in Ohio, as well. Korff wants to run dispensaries in both states under the brand name Shire, and The Dome could be home to one of those.

But in the Buckeye State, just 73 new dispensary licenses are available, and each will be

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