Sales of medical marijuana in Ohio’s tightly restricted market appear to have peaked, as state lawmakers continue to stall on launching the state’s recently legalized adult-use marketplace.
Licensed retailers reported selling $484 million of medical cannabis in 2023, according to state sales figures first reported in Crain’s Cleveland Business.
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That’s below initial MJBizDaily projections and represents growth of only 1% from 2022 to 2023, as Crain’s noted.
It also underscores the necessity for Ohio lawmakers to take quicker action and launch an adult-use marketplace, as Republican Gov. Mike DeWine recently said.
Observers say the Ohio medical marijuana slowdown is at least partially attributable to strict rules that limit patient access in Ohio – as well as recreational cannabis available in nearby Michigan.
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