Tuesday, September 9, 2025
MWH
  • Home
  • Politics
  • Business
  • Lifestyle
  • Medical
  • Shop
No Result
View All Result
  • Home
  • Politics
  • Business
  • Lifestyle
  • Medical
  • Shop
No Result
View All Result
Marijuana with Hemp
No Result
View All Result
Home Business

Ohio Gets $44 Million in its first month of legal weed sales

Graham Cooper by Graham Cooper
September 12, 2024
in Business, Featured
Share on FacebookShare on Twitter
89

In its first 25 days of business, Ohio made $44,051,671 in gross revenue. That’s pretty good! This is compared to $24 million brought in in New Jersey (although they only had 12 dispensaries open at the time) and $40 million for Illinois back in 2020. Ohio had 98 dispensaries open at the start of legalization, and this wasn’t even a full month of revenue.

This is very good news for marijuana business in Ohio, and the expansion keeps coming. To date, there are now 123 pot shops open in the state, with 121 additional licenses being approved and ready to sell.

As to where the money goes, 36% of the tax revenue will funnel to the Host Community Cannabis Fund, and another 25% to the Substance Abuse and Addiction Fund. The rest goes towards the Cannabis Social Equity and Jobs Program.

It’ll be interesting to see how gross sales grows this month with more dispensaries open and a full month of sales on the calendar. Hopefully this is only the start for small businesses in the state of Ohio.

Read the original story at MedicateOH.

Loading

Post Views: 4

Visits: 352
Previous Post

Some Reactions to Trump’s Marijuana Support

Next Post

Harris Calls Out Trump On His Varying Cannabis Policies

Graham Cooper

Graham Cooper

Next Post

Harris Calls Out Trump On His Varying Cannabis Policies

ADVERTISEMENT
  • Former NBA Player Smoked Cannabis Before Interviewing Kamala Harris

    Former NBA Player Smoked Cannabis Before Interviewing Kamala Harris

    0 shares
    Share 0 Tweet 0
  • Where is marijuana on the ballot in November?

    0 shares
    Share 0 Tweet 0
  • Doordash gets into the Weed Delivery Business

    0 shares
    Share 0 Tweet 0
  • Barstool Sports Delves Into the Realm of Cannabis

    0 shares
    Share 0 Tweet 0
  • Kamala Harris Didn’t Talk With Rogan About Legalization, She Should Have

    0 shares
    Share 0 Tweet 0
  • Trending
  • Comments
  • Latest
Where does marijuana stand in the polls?

Where does marijuana stand in the polls?

November 21, 2024
The Long-Term Effects Cannabis Has On The Brain

The Long-Term Effects Cannabis Has On The Brain

March 10, 2023
Truck Drivers Are Refusing More Drug Tests As States Legalize Cannabis

Truck Drivers Are Refusing More Drug Tests As States Legalize Cannabis

0
How’s legal marijuana doing in Germany?

How’s legal marijuana doing in Germany?

0
US Coast Guard Boasts Record Cocaine & Cannabis Bust

US Coast Guard Boasts Record Cocaine & Cannabis Bust

August 28, 2025
Advocacy Group Pushing Trump to Not Reclassify Cannabis Amongst Recent Talks

Advocacy Group Pushing Trump to Not Reclassify Cannabis Amongst Recent Talks

August 26, 2025
ADVERTISEMENT
Marijuana with Hemp

Browse by Category

  • Business
  • Featured
  • Hemp Politics
  • Lifestyle
  • Medical
  • Medical Marijuana
  • Politics

Recent News

US Coast Guard Boasts Record Cocaine & Cannabis Bust

US Coast Guard Boasts Record Cocaine & Cannabis Bust

August 28, 2025
Advocacy Group Pushing Trump to Not Reclassify Cannabis Amongst Recent Talks

Advocacy Group Pushing Trump to Not Reclassify Cannabis Amongst Recent Talks

August 26, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Marijuana With Hemp

No Result
View All Result
  • Home
  • Politics
  • Business
  • Lifestyle
  • Medical
  • Shop

© 2024 Marijuana With Hemp