Ohio Cannabis Dispensaries Report $56.5 Million in First 19 Days

Ohio’s 121 dispensaries with dual-use licensure to sell cannabis to both 21-and-older customers and medical patients continued to capitalize on an expanded marketplace in the third week since adult-use sales launched.

The state’s retailers rang up nearly $10.5 million in adult-use sales and $7.6 million in medical sales in the week that ended Aug. 24, according to the Ohio Division of Cannabis Control (DCC). That $18.1 million in total sales is on par with the previous week’s mark of $18.5 million.

Overall, the Buckeye State rang up $56.5 million in total cannabis sales in the first 19 days since the adult-use market commenced on Aug. 6.

The daily average of roughly $3 million in total sales since adult-use operations commenced represents a 129% increase from the medical-only sales average of $1.3 million per day during the preceding four weeks, according to DCC sales figures.

Also in the first 19 days, Ohio’s dispensaries sold nearly 7,000 pounds of flower and more than 857,000 manufactured product units on 650,000-plus receipts to customers and patients, according to the DCC. The average price per one-tenth ounce of flower is holding steady at $26.