Ohio: $229 Million in Legal Marijuana Sold Between August 7 and November 2, Prices Drop 20%

Since Ohio launched recreational marijuana sales on August 7, the state has seen $229,091,140 in combined marijuana sales across both recreational and medical markets, according to data updated through November 2.

Of the nearly $230 million in legal marijuana sold in the 87 days between the start of recreational marijuana sales on August 7, and the most recent sales data that covers up to November 2, $143 million came from the purchase of recreational marijuana, with around $85 million worth of medical marijuana sold during the same period.

As the market has matured, prices have fallen significantly. The average cost per gram is down nearly 20%, now at $7.59 from $9.42 when recreational sales began. Similarly, the price for one-tenth of an ounce has dropped from $31.06 in August to $21.49.

The Ohio Division of Cannabis Control (DCC) manages both recreational and medical marijuana regulations, enforcing compliance and supporting market development. Since Ohio’s medical marijuana program launched in 2019, total cannabis sales have reached $2,147,099,847 across 19,110,898 transactions, establishing Ohio as a strong market in the Midwest.

Ohio law allows adults 21 and older to possess up to 2.5 ounces of marijuana or 15 grams of concentrates, while medical patients can carry a 90-day supply, including up to eight ounces of dried marijuana and 26.55 grams of concentrates.

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