Ohio Adult-Use Cannabis Sales Top $131M in Under Three Months

Licensed adult-use cannabis retailers in Ohio have sold nearly $132 million worth of cannabis products, according to recent data from the Ohio Department of Commerce Division of Cannabis Control.

Full story after the jump.

In under three months, adult-use cannabis sales in Ohio have totaled more than $131.8 million, according to Ohio Department of Commerce Division of Cannabis Control data. The total represents about $55 million in sales over the last month.   

According to the agency, the state has sold 16,254 pounds of flower since the launch of legal sales along with 2,094,864 units of manufactured products. The average price of manufactured sales was $29.21 the week of Oct. 20-26, according to DCC. 

The state’s total sales were $131,813,130 as of October 26, and although the agency does not report the tax revenues linked to the sales, Ohio taxes non-medical cannabis sales at 10%. 

From the last DCC report, the average price-per-gram for flower fell from $8.39 to $7.67 and the average price for manufactured product sales dropped from $30.04 to $29.21.    

There are currently 124 dual-use cannabis dispensaries in Ohio, but more than 100 cities or townships in the state have passed moratoriums banning adult-use cannabis sales, according to Ohio State University’s Moritz College of Law. 

Major cities in the state host the most adult-use dispensaries, according to the college: Columbus has 13, Cincinnati has 10, Dayton has six, and Cleveland has five.    

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