Ohio Marijuana Sales Top $3.56 Billion as State Reaches 204 Dual-Use Dispensaries

Key Points
  • Ohio’s marijuana market has generated over $3.56 billion in total sales through February 28, 2024, with $2.32 billion from medical marijuana and $1.24 billion from adult-use sales since August 2024.
  • Consumers purchased 547,226 pounds of plant material statewide, with 346,966 pounds sold medically and 200,274 pounds non-medically, alongside 55.53 million manufactured product units sold.
  • Ohio has 37 cultivator certificates, 45 processor certificates, 6 testing labs, and 204 dual-use dispensary certificates, with additional provisional licenses indicating ongoing industry expansion.
  • As of early 2024, the medical program includes over 467,000 registered patients, 518 physicians authorized to recommend cannabis, and significant participation among veterans, indigent patients, and those with terminal diagnoses.

Ohio’s marijuana market has recorded more than $3.56 billion in total sales through February 28, including $1.24 billion in adult-use sales since they began in August 2024. This is according to new figures from the Division of Cannabis Control. That total includes $2.32 billion in medical marijuana sales and $1.25 billion in non-medical sales, indicating that medical purchases still account for the larger share of the market even after the launch of adult-use commerce. Of the overall total, medical sales make up roughly 65%, compared to about 35% for non-medical sales.

The report also shows that Ohio consumers have purchased 547,226 pounds of plant material statewide, including 346,966 pounds sold through the medical market and 200,274 pounds through the non-medical market. Manufactured products have also played a major role in overall demand, with more than 55.53 million units sold. That includes 32.6 million medical units and 22.94 million non-medical units.

In terms of transactions, the state has logged 38.68 million total receipts. Medical sales account for 20.74 million of those receipts, while non-medical purchases account for 17.94 million. That gap is smaller than the sales gap, suggesting that while the medical side remains larger overall, adult-use sales are generating a major volume of transactions.

The state’s most recent pricing data, covering February 22 through February 28, shows plant material sold for an average of $17.80 per one-tenth ounce, or $6.29 per gram. Manufactured products sold for an average of $24.53.

The report also provides a fresh snapshot of Ohio’s marijuana industry footprint. As of March 5, the state had issued 37 cultivator certificates of operation, including 23 Level I dual-use certificates and 14 Level II dual-use certificates. There were also 45 processor certificates of operation and six testing laboratories, all operating under dual-use certificates.

On the retail side, Ohio had 204 dual-use dispensary certificates of operation as of the report’s release. In addition, the state listed 11 RFA II provisional licenses and 67 10(B) provisional licenses, showing there is still more expansion in the pipeline.

The medical side of the program remains substantial on its own. As of January 30, Ohio had issued 1,242,568 recommendations, with 467,085 registered patients and 42,438 registered caregivers. Among registered patients, 26,194 were listed as veterans, 26,966 had indigent status and 1,564 had a terminal diagnosis. The state also reported 75,619 patients with both an active registration and an active recommendation, along with 456,297 unique patients who had purchased medical marijuana as of February 15.

The number of physicians participating in the program remains significant as well. As of February 11, Ohio had 518 certificates to recommend, giving patients access to a broad network of doctors authorized to participate in the state’s medical marijuana system.

Ohio legalized medical marijuana in 2016 when lawmakers approved House Bill 523, and the state’s first dispensaries opened in January 2019. Voters later approved adult-use marijuana through Issue 2 in November 2023, with licensed recreational sales launching in August 2024. Since then, the market has continued to build out across cultivation, processing and retail, and the newest numbers make clear that both the medical and adult-use sides of the industry are now operating at a massive scale in Ohio.