top of page
Writer's pictureJason Beck

Recreational marijuana sales high as a kite in Ohio

Marijuana sales in Ohio have skyrocketed since recreational transactions began two weeks ago.



OG Article: here 

View our Fair Use Policy: here


Why it matters: Sales are expected to generate hundreds of millions of dollars in state tax revenue and increase business for the 125-plus dispensaries statewide that have already been selling medical marijuana.

  • So far, Ohio's sales of recreational marijuana are tracking ahead of sales during the first few weeks of legalization in Michigan (2019) and Illinois (2020).


Catch up quick: Voters approved legalizing recreational sales last November.

  • After extensive debate, the state finally began issuing dual-use certificates to businesses this month to sell both medical and recreational marijuana.


By the numbers: From Aug. 6-17, recreational marijuana sales exceeded $22 million.

Zoom in: Before recreational sales began, Ohio dispensaries averaged $12,740 per day in medical marijuana sales, according to Headset Data, a firm that tracks cannabis sales across the country.

  • During the first three days of recreational sales, dispensaries were averaging $27,300 daily, an increase of 114%.


What they're saying: "Both foot traffic and net sales more than doubled on the first day of recreational sales compared to the average day this year," a representative for Curaleaf, which has a location in Cuyahoga Falls, said in a statement.

  • AYR Wellness, which has locations in Dayton, Woodmere and Goshen, said recreational sales now make up two-thirds of the company's sales in the state.


3 views

Comentarios


America's
#1 Daily
Cannabis News Show

"High at 9

broadcast was 🤩."

 

Rama Mayo
President of Green Street's Mom

bottom of page