Adult-use cannabis sales in Ohio have exceeded $76.2 million in under two months of sales, according to Division of Cannabis Control (DCC) data. Since the launch of adult-use sales in August, retailers in the state have sold 8,813 pounds of “plant material” and 1,187,395 units of manufactured products.
The average price for cannabis products continues to drop month-over-month with the average cost per gram falling from $24.24 per one-tenth of an ounce of flower from the first week of September to $23.74 during the second week. The average price per gram of flower fell from $8.57 to $8.39 during that same timeframe, while the manufactured product sales average fell from $30.39 to $30.04.
Currently, there are 124 dispensaries in the state that are licensed to sell both medical and non-medical cannabis products. According to Ohio State University’s Moritz College of Law, as of September 23, 111 municipalities and townships have passed moratoriums prohibiting adult-use cannabis businesses from operating within their borders. Most of those bans are in communities with a population of 10,000 or less. Twenty-five are in communities with a population between 10,001 and 20,000; 27 are in communities with a population between 20,001 and 50,000; and six in communities with a population of 50,000 or more.
Major cities in the state host the most adult-use dispensaries, according to the college: Columbus has 13, Cincinnati has 10, Dayton has six, and Cleveland has five.
Get daily cannabis business news updates. Subscribe
Ganjapreneur is made possible by our partners:
