.svg){kind=small}
Ohio Cannabis Sales
Aug, 2024
Overview
Ohio's cannabis market has demonstrated significant growth, particularly noticeable in the recent surge in both sales and unit growth. In August 2024, Ohio reported a remarkable 84.2% month-over-month sales growth and a 79.2% increase in units sold, with total sales reaching approximately $70.1 million. This growth is substantially higher than the previous year, with an 85% increase in sales and 75.1% in units sold compared to August 2023. The average item price in Ohio has also seen an upward trend, moving from $36.60 in August 2023 to $38.66 in August 2024. This price point is significantly higher than many other states, indicating a robust market with strong consumer spending.
Aug, 2024
Sales
Year Over Year
Growth
Market Comparison
When comparing Ohio to other major markets such as California and Colorado, Ohio's growth rates are exceptionally high. For instance, California saw a decrease in sales by 0.3% and a modest 4.4% increase in units sold year-over-year, while Colorado experienced a 13.6% decrease in sales. The average item price in Ohio is also among the highest, with New York being the only state with a higher average price at $36.81. This suggests that Ohio's market is not only expanding rapidly but also sustaining higher price points, which could indicate a market with high-quality products and strong consumer demand.
Ohio Weed Prices
Category Performance
The Flower category in Ohio stands out with its substantial contribution to the state's cannabis market. In August 2024, the Flower category alone accounted for approximately $37.8 million in sales, with an average item price of $50.46. This represents an 84.2% increase in sales and an 82% increase in units sold month-over-month, closely mirroring the overall market trend. The year-over-year growth for Flower was also impressive at 83.8% in sales and 68.3% in units sold. This category's performance is indicative of its popularity and profitability within the Ohio market.
Top Cannabis Brands in Ohio
Product Category Market Share In Ohio
Historical Cannabis Sales In Ohio
Ohio Cannabis Reports
.png)
Ohio Cannabis Market Overview
Ohio Cannabis News
Ohio Legalization - Early Results
Ohio's Cannabis Market: A New Era of Opportunity
Get More Ohio Cannabis Market Data