Ohio’s Recreational Cannabis Soars: $98 Million In Revenue Within Just Two Months
Since the start of Ohio’s recreational cannabis sales on August 6, the market has generated over $98 million in revenue, according to figures from the Ohio Division of Cannabis Control. Erick Rodriguez, vice president of retail for the Cannabist Company, which operates a dispensary in Marietta, noted that the initial months have been exciting for both retailers and consumers. As Wtap reported, with a 10% sales tax on recreational marijuana, the state has already seen strong tax revenues from this new market.
Rodriguez attributed the seamless transition into the recreational market to careful planning. “We haven’t run into any supply chain issues,” he said. …