Recreational, or adult-use, cannabis sales in Ohio surpassed $702 million in their first year, according to the Ohio Division of Cannabis Control.
Breakdown
- Ohio's recreational cannabis rollout has been gradual, with steady business growth.
- Dispensaries have generated over $700 million in sales and $70 million in excise taxes. 42s
- Sales have increased about 22 times compared to the medical cannabis market. 52s
- The state will soon allow dispensaries to sell pre-rolled joints, expected to boost sales. 1m 5s
- Advertising restrictions are cited as a significant challenge for industry growth. 1m 18s