Ohio adds more medical dispensaries ahead of recreational marijuana sale launch (2024)

COLUMBUS, Ohio - Four more medical marijuana dispensaries have been given state approval to open their doors to patients in recent weeks – bringing the total number of Ohio retailers to 124, according to a monthly state report.

This number is important because it could give adults aged 21 and older more locations to buy marijuana once recreational sales begin.

Only open medical marijuana dispensaries – those that have received a certificate of operation from the Ohio Division of Cannabis Control – can apply to the agency for a dual-use license to also sell recreational marijuana. Dual-use license applications are expected to be published on the Division of Cannabis Control’s website sometime between now and June 7.

Under the initiated statute legalizing recreational marijuana that voters approved in November, state regulators must approve all dual-use applicants unless there is an issue with their application or general dispensary readiness, such as having a working point-of-sale system that can distinguish between medical and recreational sales. Recreational sales are subject to a special 10% excise tax that medical sales are not subject to.

That means some dispensaries could be approved for recreational customers within weeks, although state officials haven’t provided a firm launch date.

According to a Division of Cannabis Control report on April sales, registered patients and caregivers in the medical marijuana program bought $32.3 million in cannabis products from dispensaries.

That was down from March, when sales were $47.4 million, and April 2023, when sales were $46.7 million. However, the state calculates sales by week ending each Saturday. There were just four Saturdays in April, compared to five in March and April 2023.

In April this year, as in every month, the vast majority of money patients spent was on flower.

Among the sales:

- Flower sales: $19.9 million in the four weeks counted in April, compared to $25.2 million in March and $24.1 million in April 2023, months that both had five weeks as counted by state regulators.

-Pounds of flower: Patients purchased 7,365 pounds of flower in April, compared to 9,232 pounds in March and 7,740 pounds in April 2023.

-Vape oils: Patients spent $11.5 million in April, compared to $14.6 million in March and $14.6 million in April 2023.

-Units of vape oils: Patients purchased 401,539 units in April, compared to 496,883 in March and 393,094 in April 2023.

-Edible sales: Patients spent $5.1 million on edibles in April, compared to $6.6 million in March and $6.7 million in April 2023.

-Marijuana capsule sales: Patients spent $281,975 in April, compared to $381,712 in March and $339,934 in April 2023.

-Tincture sales: Patients spent $202,339 in April, compared to $276,662 in March and $334,712 in April 2023. Tinctures contain cannabis extract infused in glycerin or other oils and are usually applied under the tongue.

-Oral oil sales: Patients spent $77,380 on oils in April, compared to $101,931 in March and $118,065 in April 2023. These oils are made by dissolving marijuana into a solvent.

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A full list of medical marijuana dispensaries can be found here. In April, three dispensaries opened and one has opened in May:

-May 21: Ohio Bound Inc. at 914 Cleveland Ave. in Columbus

-April 11: Ohio Holistic Health LLC at 215 W. 5th St. in Delphos in Van Wert County

-April 9: Parkland Ventures LLC at 2765 Gender Road in Columbus

-April 23: Off the Charts at 3145 Salem Ave. in Dayton

Eight businesses have been provisionally licensed, which means they are still constructing their space, working with their local communities on inspections and haven’t yet cleared a final state inspection to earn a certificate of operations needed to open to patients.

Laura Hanco*ck covers state government and politics for The Plain Dealer and cleveland.com.

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Ohio adds more medical dispensaries ahead of recreational marijuana sale launch (2024)

FAQs

Ohio adds more medical dispensaries ahead of recreational marijuana sale launch? ›

COLUMBUS, Ohio - Four more medical marijuana dispensaries have been given state approval to open their doors to patients in recent weeks – bringing the total number of Ohio retailers to 124, according to a monthly state report.

Will there be recreational dispensaries in Ohio? ›

Ohio's pathway to creating a consumer retail market was prompted through a special election last November, when voters overwhelmingly approved a ballot initiative legalizing the cultivation and sale of recreational marijuana.

How many medical dispensaries are in Ohio? ›

There are currently 126 medical marijuana dispensaries in Ohio and 10 others with provisional licenses that aren't open yet. They could start selling both recreational and medical products if the owners apply for dual-use and get approved by the state. More:Ohio recreational marijuana sales could start soon.

How long until Ohio has dispensaries? ›

State regulators won't say how long license approvals could take, but those who have helped put together rules for the program believe the first sales could come by mid-June.

How much does it cost to open a medical marijuana dispensary in Ohio? ›

Medical Marijuana Dispensary License Application

To open a retail dispensary, costs include $5,000 for the application fee, $80,000 for the licensure fee, and $80,000 for the renewal fee. As of April 30, 2024, there are 123 Certificates of Operation dispensaries and 9 active provisional dispensary licenses.

Is there a limit how much you can buy in a dispensary in Ohio? ›

A patient or caregiver is only able to purchase in 45-day increments. In each 45-day fill period, a patient may purchase up to a 45-day supply of medical marijuana, regardless of when purchases are made within the 45-day fill period.

Are Ohio dispensaries cash only? ›

We are Cash Only, with an ATM on-site. All patients are required to bring their MMCP Card and a Government Issued ID.

What city has the most recreational dispensaries? ›

Denver reclaimed the number one spot this year after falling to number two in 2023, when Portland, Oregon (aka “Pot-landia”) rose to the top. Compared to the average city, Denver has four times the number of cannabis dispensaries at 10.4 per 100,000 residents, along with 2.5 times the number of head shops.

How much is an Ohio dispensary worth? ›

The short answer is $3M-$15M on average. This article will discuss Ohio Dispensary License's valuation based on the most recent Ohio medical cannabis dispensary licenses awarded from the Ohio State Board of Pharmacy.

How much do dispensaries pay in Ohio? ›

How much does Medical Marijuana dispensary in Ohio pay? Average Medical Marijuana dispensary hourly pay ranges from approximately $16.47 per hour for Marijuana Budtender to $25.00 per hour for General Manager.

How many plants can I legally grow in Ohio? ›

HOME CULTIVATION

Adults may home cultivate up to 6 plants, with a limit of 12 plants per household.

How hard is it to open a dispensary in Ohio? ›

With only a set number of licenses available, competition can be tough. That's why it's vital to approach your application with thorough preparation and understand all the efforts and steps needed to be taken to get a dispensary license in Ohio.

What are the security requirements for dispensaries in Ohio? ›

Keep all safes, vaults and any other equipment or medical marijuana storage areas securely locked and protected from unauthorized entry; Keep a daily log of dispensary employees with access to the safe or vault and knowledge of the access code or combination; Keep all locks and security equipment in good working order.

What is the cheapest state to open a dispensary? ›

However, factoring in overall financial needs, Oklahoma requires the least amount of start up capital to open a dispensary. With other factors such as legality, license availability, taxes, and market forces, Oregon, Colorado, and Michigan are also top contenders. How do I write a business plan for a dispensary?

What is the average cost of a medical marijuana card in Ohio? ›

Typically cost can range from $100 - $250. Registry Fee: Once your CTR has registered you for the program, you will be required to pay a nominal fee of $0.01 to the State of Ohio Board of Pharmacy, a significant reduction from the previous $50 fee.

How much does it cost to become a medical marijuana caregiver in Ohio? ›

Ohio Eliminates Medical Marijuana Patient Fee. In a move that increases affordability and accessibility, the Ohio Division of Cannabis Control announced that effective Wednesday, May 15th, 2024, the medical marijuana patient and caregiver registration fee is eliminated.

Where in the US are there recreational dispensaries? ›

As of 2021 there are state-regulated marijuana dispensaries in Alaska, Arizona, Arkansas, California, Colorado, Connecticut, the District of Columbia, Florida, Hawaii, Illinois, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, ...

Can I use a credit card at a dispensary in Ohio? ›

bring cash, as dispensaries don't take health insurance or credit cards and won't likely have ATMs on site at first.

Is CBD recreational in Ohio? ›

Yes. Hemp-derived CBD (with a THC content of 0.3% or less) is legal. However, marijuana-derived CBD products can only be purchased with a medical marijuana card.

How much is a dispensary card in Ohio? ›

Many also offer different discounts for select patients. Typically cost can range from $100 - $250. Registry Fee: Once your CTR has registered you for the program, you will be required to pay a nominal fee of $0.01 to the State of Ohio Board of Pharmacy, a significant reduction from the previous $50 fee.

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