Ohio Cannabis Sales
Dec, 2024
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.
Dec, 2024
Sales
Year Over Year
Growth
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
Category Performance
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.