From multiple, simultaneous efforts to legalize adult-use marijuana in the Buckeye State, to the launching of dozens of new dispensary licenses and the red-hot competition for those, to legislative efforts to reform current state regulations, 2021 was an important year for the burgeoning marijuana industry.

Here is a selection of some of the many noteworthy happenings we covered in the cannabis space in 2021.

• There was about $277 million in sales generated in Ohio’s Medical Marijuana Control Program in its first two years of operation, and about 80% of that occurred in 2020.With $625.4 million in total sales through the duration of the program as of Nov. 29, the state will come close to $400 million in annual sales this year.

Early in 2021, Crain’s examined the state of the industry, which seemingly is falling a bit short of its potential so far, and why that is. This sets the stage for several reforms in the industry that have been set in motion in recent months.

• One of the reasons Ohio is not seeing as much marijuana sales as it seemingly could is the lack of access to a dispensary in various areas of the state.

After grossly underestimating the potential medical marijuana

Read More Here…

Share on facebook
Share on twitter
Share on reddit
Share on pinterest
Share on email

 

Bud Digest