Ohio is selling over $73 million in marijuana per month — with more growth to come
Recreational marijuana sales for adults 21 and older began on Aug. 6. Dispensaries were selling between $36 million to $37 million in medical cannabis per month over the last few months leading up to that. In the time since the non-medical market opened up, though, monthly sales have effectively doubled. Across periods of roughly four […]
Kluch opening its largest cannabis facility yet in Cuyahoga Falls, OH
This story was republished with permission from Crain’s Cleveland Business and written by Daniel Shingler. Cuyahoga Falls is about to get a large marijuana facility that is expected to supply product to medical and recreational dispensaries across the state. Klutch Cannabis is working on construction at 1972 Akron-Peninsula Road, converting a former packaging plant on the […]
TerrAscend enters Ohio market with $10.3 million purchase of NEO dispensary
This story was republished with permission from Crain’s Cleveland. TerrAscend Corp., a multistate cannabis company headquartered in Mississauga, Canada, has announced the signing of a definitive agreement to acquire Ratio Cannabis, a dispensary in New Philadelphia, in a deal that signals more to come. TerrAscend, which is publicly traded on the Toronto Stock Exchange (TSX: TSND)(OTCQX: […]
Ohio cannabis sales picked up slightly in the first half of October
This story was republished with permission from Crain’s Cleveland Business. Midway through October, the pace of adult-use cannabis sales in Ohio is trending flat to slightly up while medical sales are trending flat to slightly down. Average adult-use marijuana sales per week in the state total approximately $11.2 million so far in October, according to […]