Since launching recreational marijuana sales on August 7, Ohio’s marijuana market has recorded a combined $210,831,599 in total sales.
Recreational sales make up the largest portion, totaling $131,813,130 across 1,720,152 transactions, while the medical marijuana sector added $79,018,469 through 832,709 purchases, as of October 26. The steady sales growth illustrates strong demand in both markets as consumers adjust to the newly legalized recreational sector.
Marijuana prices in Ohio have fallen significantly since recreational sales began, reports the Ohio’s Division of Cannabis Control (DCC). The average price per gram is now $7.67, down from an average of nearly $10 per gram on August 7. This decline may reflect increased market stability as supply chains and pricing adapt to the influx of consumers.
DCC oversees both medical and recreational marijuana markets, setting guidelines to ensure compliance among licensed dispensaries. Since the inception of Ohio’s medical marijuana program in 2019, there has been $2,128,840,306 in marijuana sold across 18,882,702 different transactions.
Under Ohio’s recreational marijuana law, which took effect on December 7, those aged 21 and older can legally possess up to 2.5 ounces of marijuana or 15 grams of marijuana concentrates. Patients are allowed to possess up to a 90-day supply of marijuana, defined as up to eight ounces of dried marijuana and up to 26.55 grams of marijuana concentrates.
