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You are at:Home»Business»Ohio Adult-Use Cannabis Sales Reach $44M During First Month of Sales
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Ohio Adult-Use Cannabis Sales Reach $44M During First Month of Sales

adminBy adminSeptember 10, 2024No Comments2 Mins Read
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Study: Cannabis Legalization in Ohio Could Be Worth Up to $403M in Tax Revenues
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Cannabis sales in Ohio totaled more than $44 million during the first month of sales, according to state Division of Cannabis Control data outlined by WCMH. Mandy Morton, owner of Locals Cannabis, told WCMH that her dispensary has “had at least six times the amount of people” that they had when they were medical only. 

During the first five days of the legal market, the state’s dispensaries generated more than $11.5 million in sales. 

According to the state data, adult-use cannabis sales in the state have grown by about $10 million per week. The average price per gram of flower was $9.00 during the last week in August, down about .14 cents from the week prior, and .42 cents from the week ending August 17. 

Medical cannabis sales in the state, meanwhile, grew by about $10,000 per week following the launch of adult-use sales on August 6. Since the launch of the medical cannabis program on January 14, 2019, medical cannabis sales have totaled more than $1.9 billion. 

In all, adult-use cannabis receipts at Ohio dispensaries totaled 551,737 from the launch of the market through the end of August.  

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44M AdultUse cannabis Month Ohio Reach Sales
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