Ohio recreational marijuana sales near $90 million in 7 weeks

Barely seven weeks since the launch of Ohio’s recreational marijuana market, sales have reached almost $90 million.

Between Aug. 6 – when adult-use sales began in Ohio – and Sept. 28, sales totaled $87.1 million, according to the latest report from the state’s Division of Cannabis Control.

The report also found that recreational retailers sold 10,213 pounds of recreational flower and 1,361,146 units of manufactured products.

The price per gram of recreational flower has fallen steadily from a high of $9.42 in mid-August to a low of $8.23 per gram the week ending Sept. 28.

Likewise, the average price of recreational manufactured products also has fallen steadily, from a high of $31.65 in mid-August to a low of $30.04.

Ohio’s medical marijuana sales, which started Jan. 16, 2019, were at $1.97 billion through Sept. 28.

In that time, MMJ dispensaries in the state have sold 285,178 pounds of flower and 16,874,574 units of manufactured products, the report noted.

More than 120 MMJ dispensaries in Ohio have received dual-use certificates of operation, allowing them to sell both adult-use and medical cannabis products.