Nic Balzer is using his savings to start a marijuana-related business – before the drug is even legalized in Ohio.
It’s a risk Balzer and partner Robert Ryan started taking on last year, prior to a failed ballot initiative to legalize marijuana for recreational use.
They attended a marijuana business conference the day after the failed November initiative from ResponsibleOhio. There, they got an idea: “We don’t have to wait another year for a ballot initiative,” Balzer said. “We can start producing something that’s derived from hemp.”