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Marijuana Business

Marijuana business news and information resource for the medical marijuana and retail cannabis industry.

More Cannabis Taxes Could Hit Ohio Consumers Soon

OLUMBUS, Ohio - In the three months since legal recreational marijuana sales began in Ohio, $15.5 million has been collected for state and local governments from an extra tax on marijuana. Between Aug. 6 and Saturday, recreational dispensary customers have spent just over $155 million on product, according to the Ohio Division of Cannabis Control.

By |2024-11-17T17:31:17-05:00November 15th, 2024|Marijuana Business, News|
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What Would Rescheduling Cannabis Mean To Ohio’s Growing Cannabis Industry

COLUMBUS - Ohio legalized recreational cannabis in November 2023 after voters overwhelmingly passed the cannabis-friendly Issue 2 initiative. Despite these breakthroughs, marijuana remains a Schedule I substance under federal law, where it resides alongside heroin as a drug with no accepted medical use. Yet, even this situation could change pending the reclassification of cannabis to

By |2024-11-12T17:30:10-05:00November 12th, 2024|Marijuana Business, News|
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Ohio Dispensary Gears Up For Marijuana Sales After Election Win

HUBBARD, Ohio - Ohioans bought more than $143 million worth of marijuana in the first three months it’s been available for adult use. Hubbard was one of the places where you could buy it — only if you had a medical card. On election night, voters lifted that ban. ACA Dispensary opened in December. It’s been

By |2024-11-09T14:59:49-05:00November 9th, 2024|Marijuana Business, News|
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Ohio’s Cannabis Sales Tops $143 Million In First 4 Months

COLUMBUS -  Ohio's recreational cannabis market has experienced a remarkable rise since its official rollout in August 2024. In less than four months, the state has accumulated over $143 million in recreational sales, according to the Ohio Department of Commerce Division of Cannabis Control (DCC). This rapid growth is powered by the high demand and economic potential of

By |2024-11-06T16:45:47-05:00November 6th, 2024|Marijuana Business, News|
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Cannabis Users Back Harris Over Trump

DETROIT - A recent survey by NuggMD, a cannabis telehealth platform, found that a majority of cannabis users intend to vote for Vice PresidentKamala Harrisin the upcoming election. According to the poll (via Marijuana Moment), 53% of surveyed cannabis consumers said they plan to support Harris, while 40% favor former President Donald Trump. Six percent of respondents reported being

By |2024-11-02T10:23:52-04:00November 2nd, 2024|Featured, Marijuana Business, News|
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Recreational Cannabis Sales In Central Ohio Cities Banned

COLUMBUS - Nearly a year ago, Ohioans voted to legalize recreational marijuana, but whether you can buy it in your community depends on where you live. The recreational marijuana business is booming, and cities and townships that ban sales within their boundaries are forgoing economic benefits like jobs and sales tax revenue. As of last week,

By |2024-11-02T10:12:58-04:00November 2nd, 2024|Marijuana Business, News|
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Ohio Urges Parents To Check Kid’s Halloween Candy To Make Sure Not Laced With delta-8

 COLUMBUS - The Ohio Division of Cannabis Control is urging parents to double-check their kid’s candy, as it could contain hazardous cannabis products, such as delta-8 THC. The advice follows a consumer alert issued earlier this year, that warned packaging of delta-8 THC products can look like popular food products or be appealing to children.

By |2024-10-30T16:06:25-04:00October 30th, 2024|Marijuana Business, News|
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Auction To Sell The Last of Skymint’s Equipment Nov. 12-13

A two-day auction is scheduled for next month to sell the remaining equipment assets formerly owned by defunct Skymint, which entered receivership in March 2023 after defaulting on a loan. Robert Levy Associates and Solid Asset Solutions on Monday said in a news release that an online auction would be held Nov. 12-13 for a wide range

By |2024-10-30T16:07:11-04:00October 30th, 2024|Marijuana Business, News|
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Ohio Cannabis Sales Per Week Grew In October

COLUMBUS - The average adult-use marijuana sales per week in Ohio is averaging around $11.2 million so far in October, according to data from the Ohio Division of Cannabis Control through Oct. 19. That’s a slight improvement over average adult-use sales per week of approximately $10.8 million in September. Non-medical marijuana sales began in Ohio

By |2024-10-28T13:30:05-04:00October 28th, 2024|Marijuana Business, News|
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Ohio Still Slow To Adapt Cannabis Business Regulations In Its Competition With Michigan

COLUMBUS - They call it the Green Mile on I-75 North, just 11 miles north of the Ohio border in Michigan south of Detroit where several dispensaries compete for out of state cannabis business, including Ohio’s. As Ohio works on its 7th iteration of regulations regarding the legalization of cannabis for recreational purposes, Michigan continues to

By |2024-10-27T18:20:42-04:00October 27th, 2024|Marijuana Business, News|
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