Ohio Cannabis Sales

Dec, 2024
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Cannabis Market Data

Overview

The cannabis market in Ohio has shown remarkable growth, particularly in the context of its pricing trends and market size. As of December 2024, Ohio's average item price stood at $33.42, a slight decrease from the previous month's $35.07 but still significantly higher than many other states. This high pricing level is indicative of a robust consumer demand and a market that can sustain higher price points. The total sales for December 2024 reached approximately $78.60 million, with a year-over-year sales growth of 74.4% and a unit growth of 77.8%. These figures not only underscore a substantial expansion in market size but also suggest a growing acceptance and integration of cannabis products within the state.

$78.58M

Dec, 2024

Sales

74.4 %

Year Over Year

Growth

Data Snapshot Jan 03, 2025

Market Comparison

When comparing Ohio to other key markets like California and New York, distinct differences emerge, particularly in growth rates and pricing. Ohio's year-over-year growth rate of 74.4% is significantly higher than California's -10.9% and even outpaces New York's impressive 355.1%, which can be attributed to New York's recent market legalization and initial sales surge.

Ohio Weed Prices

Product
Dec, 2024
YoY
Flower (Gram)
$16.19
Flower (Eighth)
$25.62
Edible (10mg)
$17.23
Concentrate (Gram)
$39.75
Top Strain
Orange 43
| State | Total Sales (Millions $) | YoY Sales Growth | Average Item Price ($) | |-------|--------------------------|------------------|------------------------| | OH | $78.6 | 74.4% | $33.42 | | CA | $333.0 | -10.9% | $18.86 | | NY | $126.1 | 355.1% | $35.96 |
Data Snapshot Jan 03, 2025

Category Performance

Category
Dec, 2024
YoY
$
41.39
M
64.1
%
$
21.3
M
113.2
%
$
10.57
M
84.1
%
$
3.47
M
47.0
%
$
0.52
M
-7.1
%
$
0.46
M
17.9
%
$
0.41
M
2.5
%

For a deeper dive, the Flower category in Ohio presents an interesting case. It often mirrors the overall market trends but with distinct dynamics. To understand this category better, segment and brand performance data is essential.

| Segment | Total Sales (Millions $) | MoM Growth | YoY Growth | |---------|--------------------------|------------|------------| | Sativa | $12.3 | -3.2% | 80.1% | | Indica | $15.4 | -1.9% | 75.0% | | Hybrid | $20.9 | -2.5% | 78.3% | | Brand Name | Total Sales (Millions $) | Market Share | Average Item Price ($) | |------------|--------------------------|--------------|------------------------| | [Brand A](#) | $5.2 | 15% | $34.10 | | [Brand B](#) | $4.8 | 14% | $33.95 | | [Brand C](#) | $3.9 | 11% | $32.80 |
Data Snapshot Jan 03, 2025

Top Cannabis Brands in Ohio

Market Trends

Product Category Market Share In Ohio

Monthly Cannabis Sales

Historical Cannabis Sales In Ohio

Ohio Cannabis Reports

Report
November 27, 2023

Ohio Cannabis Market Overview

Ohio presents a significant opportunity in the cannabis industry. It is currently one of the largest medical markets in the US, with total sales exceeding $400 million year to date. The recent legalization of recreational cannabis through a successful ballot measure is expected to propel the market to unprecedented levels in the coming year. As the seventh largest state in a region that is still relatively new to cannabis, Ohio has the potential to become a billion-dollar adult use market.

Ohio Cannabis News

Blog
September 25, 2024

Estimating Ohio's Cannabis Market Size: Potential for a $2B+ Industry

Ohio's cannabis market is poised to exceed $2 billion in annual sales as it matures, driven by its large population and proximity to states without recreational cannabis. Key factors influencing growth include competitive pricing, the expansion of licensed retailers, and Ohio’s strategic geographic advantages.
Blog
August 12, 2024

Ohio Legalization - Early Results

Take a look at early sales numbers in Ohio's adult use cannabis market.
Blog
August 5, 2024

Ohio's Cannabis Market: A New Era of Opportunity

Explore Ohio's burgeoning cannabis market as it (finally) transitions to adult-use sales on August 6, 2024. Look for a $1B near-term with market projections indicating potential growth to $4 billion.
User rating
OH
Emerging

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