COLUMBUS – Ohio cannabis enthusiasts have smoked up slightly more than $1 billion in licensed sales, says the Ohio Division of Cannabis Control. This is for the start of legal rec sales on Aug. 6, 2024, through Aug. 2, 2025. That breaks down to $702,587,000 in adult-use (recreational) and $300,993,000 in medical sales.
That amount includes $460,512,000 in adult-use and $156,340,000 in medical sales.
This puts Ohio well on track to top $1 billion in total cannabis sales this year, which would be an important milestone for the industry.
Annual sales in 2024 and 2023 totaled approximately $675 million and $484 million, respectively.
In comparison, during calendar 2024, Michigan cannabis sales came in at slightly more than $3 billion. Michigan also leads the nation in cannabis sales volume due to very low prices. An ounce of weed in Michigan goes for around $60. Some dispensaries are selling eights for $25.
According to LeafLink, a B2B marketplace and technology platform for the cannabis industry, nationwide legal marijuana sales volumes could balloon from about $32 billion this year to as much as $55 billion by 2030. Two markets serving as “key growth drivers” in reaching that size are Ohio and New York, according to the organization.
On the pricing side, costs continuously fluctuate but have come down since last summer.
Between early August 2024 and August 2025, the average price for one-tenth of an ounce (or “day unit”) of marijuana flower in Ohio has decreased 29% to $18.76, and per-gram costs have come down a similar 29% to $6.63, according to state data. The average price on manufactured products has decreased about 6% to $31.06.
Meanwhile, operators are eagerly awaiting the launch of pre-roll products — or single-serving units, as regulators refer to them — which should provide a boost to businesses.
DCC published some initial guidance for operators regarding single-serving units on Aug. 1. The agency declined to comment on when these products might reach store shelves, but notes that it will be contingent on licensees meeting those guidelines.
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