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Ohio Cannabis Sales
Jun, 2024
Overview
The cannabis market in Ohio has shown a nuanced performance in recent times. As of June 2024, the average item price in Ohio stands at $39.04, which is notably higher compared to many other states. This price point positions Ohio as one of the more expensive markets, potentially reflecting a unique consumer base or regulatory environment. Total sales for June 2024 reached approximately $37.19 million, with a slight month-over-month sales decrease of 0.5% and a year-over-year decline of 1.6%. This suggests a stabilization in the market following previous fluctuations.
Despite the high pricing, the total units sold in June 2024 experienced a decrease, both month-over-month by 4.7% and year-over-year by 2.1%, indicating a potential shift in consumer behavior or market saturation. The market's dynamics are complex, influenced by regulatory frameworks, consumer preferences, and economic factors, which might explain the observed pricing resilience amidst fluctuating sales volumes.
Jun, 2024
Sales
Year Over Year
Growth
Market Comparison
Comparing Ohio to other states, it's evident that Ohio's market dynamics are distinct. For instance, New York, with an average item price of $36.04 and a staggering year-over-year sales growth of 483.4%, contrasts sharply with Ohio's more modest figures. Similarly, Michigan, despite a lower average price of $11.18, saw a year-over-year sales growth of 5.4%, indicating a different consumer behavior pattern.
Ohio Weed Prices
Category Performance
The Flower category in Ohio presents an interesting case. To delve deeper, let's examine the segment sales and top brands within this category:
Top Cannabis Brands in Ohio
Product Category Market Share In Ohio
Historical Cannabis Sales In Ohio
Ohio Cannabis Reports
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Ohio Cannabis Market Overview
Ohio Cannabis News
Get More Ohio Cannabis Market Data