Ohio recreational cannabis sales surpass $242 million in 2024
Ohio recreational cannabis retailers recorded $242.2 million in sales in 2024 – only five months after the state launched its adult-use market.
Ohio Medical Marijuana Business News
Ohio recreational cannabis retailers recorded $242.2 million in sales in 2024 – only five months after the state launched its adult-use market.
While 2024 brought its share of volatility, regulatory uncertainty and market pressures for the cannabis industry, this year offers potential opportunities alongside continued challenges.
Cannabis real estate manager Innovative Industrial Properties (IIP) is claiming that multistate operator PharmaCann has defaulted on several of its leases across the country.
Marijuana multistate operator Standard Wellness Holdings has secured a $10 million credit facility.
2024 will go down as one of the quietest years for cannabis market launches.
While California and Michigan engaged in a yearlong battle for sales leader among regulated marijuana markets, much of the biggest cannabis news in 2024 came from Ohio and Florida.
“State of the Industry” panelists at MJBizCon made predictions about marijuana rescheduling, Florida, Ohio and cannabis consumption lounges.