Michigan still dominates cannabis sales and attracts thousands of out-of-state shoppers every week. But Ohio's higher prices, stronger profit margins and expanding adult-use market could position it to benefit more from upcoming federal cannabis reforms. ANN ARBOR - Michigan sells more cannabis than Ohio. Ohio makes more money. That simple reality may shape the future
COLUMBUS - Ohio medical and adult-use marijuana sales have officially surpassed $3 billion, new data from the state Department of Commerce shows. In an update published on Tuesday, DOC’s Division of Cannabis Control reported $3,036,756,851 in cannabis purchases as of September 13. That total includes $2.2 billion in medical sales since 2019 and $802 million in
COLUMBUS - Ohio cannabis enthusiasts have smoked up slightly more than $1 billion in licensed sales, says the Ohio Division of Cannabis Control. This is for the start of legal rec sales on Aug. 6, 2024, through Aug. 2, 2025. That breaks down to $702,587,000 in adult-use (recreational) and $300,993,000 in medical sales. So far
COLUMBUS - This week marks the first year of recreational cannabis sales in Ohio with more than $702 million sold since sales went legal on Aug. 6, 2024. Exact number published by the Ohio Department of Commerce Division of Cannabis Control show the exact number is $702,587,948 with 109,706 pounds sold as of Aug. 5, the
COLUMBUS - On the one-year anniversary of recreational marijuana sales in Ohio, some local retailers say the rollout has been slower than expected. About 57% of Ohio voters approved a constitutional amendment in 2023 to legalize the sale of marijuana for recreational adult use. Those sales began Aug. 6, 2024. Given the success of recreational
COLUMBUS - Ohio’s licensed marijuana market appears to be an outlier among the 24 states that have legalized cannabis. Ohio is expected to grow rapidly, while legal sales in more mature markets have stagnated. That’s likely to make the Buckeye State one of the primary drivers of the broader industry’s potentially huge growth in the
COLUMBUS - Ohio adult-use marijuana stores have racked up $600 million in sales since the market launched in Aug. 2024, recent data shows. And so far, customers are buying twice as much cannabis from adult-use stores as they are from MMJ dispensaries, according to Columbus-based NBC-4. Existing MMJ dispensaries were first in line to start selling to all adults
CINCINATTI - Sunday marks the first 420 − the unofficial holiday for cannabis enthusiasts − since recreational marijuana sales began in Ohio. Dispensaries opened their doors for consumers 21 and older last summer, months after voters legalized adult-use marijuana at the ballot box. Ohioans near the Michigan border, will be able to buy an ounce of cannabis for
COLUMBUS — A national cannabis company predicts Ohio will be a $2 billion market in 2027 if legislators do not alter marijuana laws. LeafLink, a wholesale cannabis platform that connects marijuana distributors and retailers, identified Ohio as one of six expanding markets, projecting $2 billion in sales in the next two years. LeafLink pointed to
COLUMBUS, Ohio - Ohio's cannabis sales in calendar 2024 - went adult-recreational in August - came in at $242 million, according to the Ohio Division of Cannabis Control More than 32,000 pounds was plant material and 4 million pounds was manufactured product. So far 124 dispensaries have been licensed to sell recreational marijuana in Ohio.
