Ohio Marijuana Market Generated $1.25 Billion in Sales Since Adult-Use Launch in August 2024, Producing $164 Million in Tax Revenue

Ohio’s legal marijuana market has rapidly grown into one of the nation’s most robust, with new state data showing over $1.2 billion in total sales since the launch of the adult-use market in August 2024.

Since recreational sales launched in August 2024, adult-use revenue has reached $923,600,777. Combined with $331,622,009 in medical sales over that same period, the total is $1,255,222,786 between the two markets, resulting in $164,535,387 in tax revenue. That figure reflects only the post-launch window; when including earlier medical activity, Ohio has now surpassed $3.18 billion in lifetime marijuana revenue.

Adult-use customers have purchased 147,233 pounds of flower and about 15.9 million manufactured products, including edibles, vape cartridges and concentrates. Medical patients continue to make up a substantial portion of statewide demand, buying 336,071 pounds of plant material and more than 31.3 million manufactured items. Altogether, Ohio retailers have sold more than 483,000 pounds of flower and over 47 million infused or processed products.

Prices remain relatively stable, but continue to drop. As of November 1, the cost of a dried gram of flower is $6.30 per gram, a new all-time low.

The updated report also outlines the size of Ohio’s licensed industry. The state now has 37 cultivators with Certificates of Operation, including 23 Level I facilities and 14 Level II sites. There are 46 certified processors, eight testing laboratories, and 180 dispensaries approved for dual-use sales, with another 98 dispensaries holding provisional licenses as they move toward full certification.

Ohio’s medical marijuana program remains one of the largest in the country. Physicians have issued more than 1.2 million recommendations since the program began, and the state reports 462,197 registered patients. That includes more than 26,000 veterans, nearly 27,000 individuals with indigent status, and more than 1,500 patients with a terminal diagnosis. Over 93,000 people currently have both an active registration and active recommendation, and more than 442,000 unique patients have made purchases recorded in the state’s monitoring system.

In total, marijuana retailers have completed more than 33.1 million transactions, including 13 million adult-use purchases and 20 million medical transactions.

Ohio became the 24th state to legalize adult-use marijuana when voters approved the reform in 2023. Regulators allowed existing medical operators to convert to dual-use licenses ahead of adult-use sales beginning in August 2024. With recreational revenue continuing to build and medical sales remaining strong, Ohio’s combined market is on track to see further expansion as more dispensaries open and statewide supply continues to stabilize.

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