Cannabis Prices In Ohio Gradually Declining Since Adult-Use Launch
Most point to Ohio consumers continuing to purchase from Michigan retailers
The price of cannabis has gradually dropped since the launch of recreational sale in Ohio this summer, according to state data.
Local dispensaries have reported a slower-than-expected start to the adult-use program, pointing to consumer confusion, vendor costs and Ohio’s unique set of program rules as some contributing factors.
“We would agree with the other dispensaries that things are slower than anticipated. We definitely are seeing a lot more traffic than prior to adult-use but less than what we had forecasted,” Nikki Stanley, the director of marketing for Terrasana, which has a location in Springfield.
But adults across the state are engaging with the recreational market, with $178.5 million reported in total product sales as of last week.
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