Ohio Cannabis Sales
Nov, 2024
Overview
The cannabis market in Ohio has shown remarkable growth, particularly in the recent year. As of November 2024, the state recorded a significant year-over-year sales growth of 93.5% and a unit growth of 96.7%. This surge is reflected in the average item price, which, despite a slight decrease from October 2024 to November 2024, remains high at $34.76. This pricing trend indicates a robust consumer demand and a maturing market that has successfully scaled despite regulatory and market challenges.
Ohio's market dynamics are characterized by a diverse range of product offerings and price points. The state's ability to maintain a high average item price while expanding sales volumes suggests a market that is not only growing in size but also in value. Consumers in Ohio are engaging with the market at increasing rates, and the consistent month-over-month growth further underscores this trend.
Nov, 2024
Sales
Year Over Year
Growth
Market Comparison
Ohio Weed Prices
Category Performance
The Edibles category in Ohio has demonstrated an exceptional performance, with a year-over-year sales growth of 110.5% and unit growth of 113.0% as of November 2024. This category's success is driven by products such as Gummies and Caramels, Chews, and Taffy, which have seen substantial growth in both sales and units sold.
These segments highlight a consumer preference for sweet and convenient cannabis formats, with Gummies leading the charge due to their ease of use and consistent dosing.