Eight Toledo Financial Managers Indicted for Defrauding $72 Million from over 200 Clients

Ohio Attorney General Dave Yost and Ohio Department of Commerce Director Sherry Maxfield announced on Tuesday that the managers of a Lucas County investment firm have been indicted on multiple felony charges in a decade-long scheme to defraud at least 200 clients out of $72 million.

Eight managers from Northwest Capital were charged with 204 felony counts in all, most of which were related to misleading and defrauding investors of tens of millions of dollars.

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Ohio Lawmakers File Bill to Overhaul the State’s Medical Marijuana Program

Two Republican state lawmakers in Ohio have introduced a bill to change the state’s medical marijuana regulations, which would allow more people to use cannabis for medicinal purposes and establish a new state agency to manage the program.

Senate Bill (SB) 9, sponsored by State Senators Steve Huffman (R-Tipp City) and Kirk Schuring (R-Canton), is similar to another proposal from the previous legislative session, SB 261, which was passed by the Ohio Senate in December 2021 but was defeated in the Ohio House of Representatives.

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Ohio Bipartisan Bill Aims to Allow Teenagers to Work Late on School Nights to Help with Staffing Problems

Teenagers in Ohio could be permitted to work until 9:00 p.m. on a school night if a bipartisan bill progressing through the Statehouse passes.

Senate Bill (SB) 251, sponsored by State Senators Tim Schaffer (R-Lancaster) and Tina Maharath (D-Columbus), aims to allow kids as young as 14 to work late during the school year if their parents give permission, to help with “staffing problems.”

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Drive to Legalize Recreational Marijuana in Ohio Begins as Ballot Panel Approves Petition

The Ohio Ballot Board has approved an initiative petition drive seeking to legalize marijuana for adults 21 years old and older, clearing the way for supporters to collect signatures for presentation to the Ohio General Assembly later this year.

The five-member panel certified the proposed “Act to Control and Regulate Adult-Use Cannabis” in a 5-0 votes as meeting the one-law standard for proposed ballot measures.

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