Ohio tops $44 million in first month of adult-use marijuana sales

Ohio dispensaries sold more than $44.05 million in adult-use marijuana in August, according to the latest figures from the Ohio Division of Cannabis Control.

Because rec sales began Aug. 6, that amount reflects just shy of a full month of adult-use retail activity.

“That is $44 million that we took out of the illicit market and away from Michigan dispensaries,” said Tom Haren, spokesman for the OHCANN trade group and a key figure behind last November’s Issue 2 adult-use cannabis referendum. “I think it was a terrific first month.”

That monthly total includes approximately $11.08 million in non-medical sales recorded during the last week of the month.

On average, there was approximately $1.69 million in adult-use marijuana sold in the state per day in August.

Cannabis in Ohio Dispensary 

Sales were strongest during the first week of adult-use with an average of $2.3 million in sales per day between the Tuesday when those sales began and the following Saturday.

In the three weeks since, average sales per day have settled around $1.5 million to $1.58 million.

If extrapolating the average daily adult-use marijuana sales amount in August across six additional days, Ohio may have recorded around $54.19 million in rec sales for its first month.

Whether looking at that potential figure or the actual number of $44.05 million, adult-use sales activity in Ohio appears relatively strong compared with the first month in some other markets.

There is no shortage of product in Ohio and nearly 100 active dispensaries in the state, so this market is not facing the challenges those others saw in the early days of their adult-use programs.

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