Marijuana Sales

Ohio Adult-Use Sales Near $100 Million In First Two Months

MARIETTA, Ohio - According to the most recent figures from the Ohio Division of Cannabis Control, there have been just over $98 million in non-medical marijuana sales since they began in the state on August 6. Erick Rodriguez, vice president of retail for the Cannabist Company, which owns the dispensary in Marietta, said the first two

By |2024-10-09T19:43:26-04:00October 9th, 2024|Marijuana Business, News|

Will Ohio’s Sales Surge Hurt Michigan’s Cannabis Market?

Michigan’s cannabis market could face significant challenges due to the rapid rise of neighboring Ohio’s marijuana industry. Since recreational sales launched on Aug. 6, Ohio has seen a surge in demand, with shops reporting record-breaking volumes driven by enthusiastic locals and visitors from nearby states. This booming success may pose a threat to Michigan's cannabis

By |2024-08-25T16:18:19-04:00August 25th, 2024|Marijuana Business, News|

Ohio Recreational Cannabis Dispensaries One Step Away From Sales

COLUMBUS - The Ohio Division of Cannabis Control has given provisional licenses to 110 dispensaries so they can sell both medically and recreationally once they receive final approval. Of the 110, Northeast Ohio has 36. Southwest Ohio has 29, and Central Ohio has 18. Franklin County has the most with 12, Cuyahoga with 11 and

By |2025-05-07T15:17:43-04:00July 8th, 2024|Marijuana Business, News|

Michigan December Cannabis Sales Nearly Top $280 Million, $3.08 Billion For 2023

LANSING - Michigan December cannabis sales totaled $279.9 million, up 7.5 percent from November and 26.2 percent from December 2022, the Cannabis Regulatory Agency reported. For calendar year 2023, cannabis sales generated $3.08 billion. Considering the average cost of an ounce of marijuana plummeted to $80.16 in January 2023, a steep decline from over $500

By |2024-01-18T10:01:14-05:00January 18th, 2024|Featured, Marijuana Business, News|

AndCan Index: U.S. Demand For Legal Cannabis Surges 4 Percent In May

EAST LANSING - According to Anderson Economic Group’s monthly AndCan Index, demand for legal cannabis products in the United States surged 4 percent in May 2020 after rebounding in April. AEG’s experts produce this monthly measurement by closely following 50 state trends for both the recreational and medicinal marijuana markets. Monthly calculations are based on

By |2020-08-08T19:26:07-04:00August 5th, 2020|ESD, Hemp, Marijuana Business, News|