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Ohio Businesses Projected to Sell $242 Million in Recreational Marijuana in 2024, State Agency Reports – MEDCAN24

In August, recreational cannabis sales started. This was about nine months after Ohioans approved a legalization initiative.

By Megan Henry, Ohio Capital Journal

As 2024 ended, recreational marijuana sales in Ohio exceeded $242 million.

According to the Ohio Department of Commerce Division of Cannabis Control, recreational marijuana sales in Ohio totaled $242,167.020 as of December 28.

According to the Department, 4,007 128 manufactured products and 32 487 pounds of plant materials have been sold.

About nine months after Ohioans legalized recreational marijuana, the first sales started in August.

The division reports that there are 124 dispensaries selling both medical marijuana and non-medical cannabis in Ohio.

Ohio’s House and Senate lawmakers tried to amend the marijuana law prior to its implementation, but they couldn’t come to an agreement.

The Senate has tried to restrict home-grown cannabis, lower THC, raise the tax rate, and change the way revenue is collected.

A House bill also clarified the language of the marijuana laws and changed the tax revenue. For example, it explained that home grows must be done at a residence. Ohio voters passed a law that allows six plants to be grown at home per person and 12 plants for each residence.

Moritz College of Law, Ohio State University Moritz University, reports that as of December 19, more than 120 Ohio towns and municipalities have put in place a moratorium on the sale of cannabis for adult use.

The 136th General Assembly is expected to begin this week with legislation on marijuana and hemp.

Ohio Gov. Mike DeWine has been urging lawmakers to prohibit or regulate delta-8 products that are made of hemp and contain 0.3 percent THC. Delta-8 products are not subject to any age restrictions.

The Senate bill that was introduced in the previous General Assembly, which would have prohibited the sale of intoxicating products made from hemp in Ohio failed to make it through the legislative process.

When he was Senate president, Matt Huffman, the incoming Ohio House Speaker (R), supported changes to the state’s cannabis law. This could make it easier for the General Assembly to consider potential changes to the law.

The original publication of this story was by Ohio Capital Journal.

Delaware Governor Who Allowed Marijuana Legalization To Become Law Claims ‘Nobody’ Wants Dispensaries In Their Communities

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