Sales data released by the Ohio Division of Cannabis Control show dispensaries in the Buckeye State sold over $11 million worth of recreational marijuana in just five days.
Recreational sales opened to the public on August 6 and by August 10, roughly 1,285 pounds of non-medical plant material had been sold, the report shows. That’s in addition to 173,043 units of manufactured products like edibles.
In all, non-medical cannabis sales totaled $11,530,708, the report says.
The report doesn’t lay out how much of that roughly $11.5 million was tax revenue for the state; with a combined excise tax and sales tax, adult-use marijuana consumers can expect to pay 15.75% when they go to the dispensary, plus the local tax of the city, township or county they are in.
The 10% excise tax will be split up among the Cannabis Social Equity and Job Fund (receiving 36%), the Department of Mental Health and Addiction Services (25%), the Division of Cannabis Control and Department of Taxation (3%) and local communities with dispensaries across the state (36%).
