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Ohio’s Recreational Cannabis Market Landscape and Projections

Veriheal

As debates heat up over recreational cannabis, all eyes turn to Ohio and its potential legalization. Ohio, often viewed as a bellwether state, now faces a defining question: Will it join the growing roster of states opting to launch legal recreational marijuana markets? in recent years. Passions run deep on both sides.

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Illinois medical cannabis sales drop to four-year low

Illinois News Joint

May totals dropped to $23,105,926.95, the lowest monthly sales total since before Illinois legalized recreational cannabis (January 2020). Total retail sales for 2024 reached $147,266,853.89. Monthly Totals for 2024: January: $24,338,551.30 In June, Illinois dispensaries sold $11,112,600.33 in concentrates/infused products.

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Cannabis Is Helping Cultivate Jobs in More Than Dispensaries

Veriheal

Pew Research Center “found that 88% of US adults are on board with marijuana legalization for either recreational or medical use.” There is a great amount of detail that goes into cultivating a successful crop of cannabis consistently. As of Nov. Americans have and continue to support cannabis legalization.

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Illinois monthly medical cannabis sales remain low

Illinois News Joint

were the second-lowest monthly sales total since Illinois legalized recreational cannabis (January 2020). Only June 2024 (the previous month) medical cannabis sales totals of $23,105,926.95 Total retail sales for 2024 reached $170,617,973.63. Monthly Totals for 2024: January: $24,338,551.30 July totals of $23,351,249.87

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Illinois’ low medical cannabis sales linger

Illinois News Joint

Monthly totals have hovered around $23 million for the past three months, which has been the top three lowest-monthly totals since Illinois legalized recreational cannabis (January 2020). Total retail sales for 2024 reached $194,130,227.26. Monthly Totals for 2024: January: $24,338,551.30 August totals reached $23,512,759.13.

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U.S. Cannabis Legalization Update: Who’s Still Waiting and Who May Legalize

Veriheal

states and the District of Columbia currently have legal cannabis, medical or recreational. It prohibits cannabis possession, use, purchase, sale, or cultivation, whether for recreation or medical purposes. Kansas Kansas prohibits cannabis use for both medical and recreational purposes. Like Idaho, CBD with less than.3%

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New Mexico and Virginia Legalize Cannabis for Recreational Use

The Blunt Truth

Following closely on the heels of both New York and New Jersey enacting recreational cannabis laws, New Mexico and Virginia have enacted their own laws allowing adults to use cannabis for recreational purposes. Virginia Recreational Cannabis Law. Retail sales will not begin until January 1, 2024.