2021 year in review: cannabis – Crain's Cleveland Business
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