Ohio state legislation announcements

Ohio Spends Over $11.5 Million on Recreational Marijuana in First 11 Days of Legal Sales

Aug 20, 2024, 04:45 PM

Ohio's recent legalization of recreational marijuana has led to significant sales figures, with the Ohio Division of Cannabis Control reporting $22.5 million in sales during the first 11 days of legal sales. In just the first five days, nearly $12 million in sales were reported, and Ohio spent over $11.5 million on legalized weed in less than a week. The state's current tax rate on recreational marijuana generated approximately $1.8 million from the sale of one product in less than a week.