Smoke Much Weed, Ohio? $38.5M In First Two Weeks Of Adult-Use Sales, Including Medical Marijuana
Marijuana sales in Ohio are surging since sales began on Aug. 6 with shops reporting unprecedented — and unexpected — sales volumes from eager Ohioans and a fair share of visitors from neighboring states.
In the first 12 days alone, Ohio’s recreational marijuana sales reached over $22.5 million, with medical marijuana contributing an additional $16 million, bringing the total to roughly $38.5 million. In the first five days after the launch, consumers spent over $11.5 million.
Daily Sales Averages: Dramatic Increase
Before 57% of Ohioans voted to fully legalize cannabis in November 2023, medical marijuana (MMJ) dispensaries averaged about $12,740 per day. Now, with recreational sales included, this average has climbed to approximately $27,300 per day — a 114% increase.
MMJ dispensaries now benefit from dual-use licenses allowing them to cater to the recreational market as well. …