Michigan Marijuana Sales Increase As Ohio Joins The Recreational Cannabis Market
Ohio dispensaries have sold nearly $55 million in recreational cannabis
As recreational marijuana sales kicked off in Ohio last month, Michigan’s cannabis industry wondered: How would this impact its own booming market, which attracts customers from across the Ohio border?
It’s widely acknowledged that Ohio residents cross state lines to buy marijuana in Michigan. There are dozens of dispensaries near the Ohio border in cities like Monroe and Morenci, many of which advertise their proximity to Ohio.
In their first month of legal recreational marijuana sales that started in early August, Ohio dispensaries have sold nearly $55 million in recreational cannabis products.
But recently released data from Michigan’s Cannabis Regulatory Agency shows overall, Michigan dispensaries weren’t impacted. Consumers purchased $294 million in recreational cannabis products from Michigan dispensaries in August, compared with $286 million in July, a nearly 3% increase, and a nearly 9% increase compared with the $271 million in product that was sold last August.
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