Ohio Medical Marijuana Gross sales Hit $1 Billion
In accordance with information launched by the Ohio Medical Marijuana Enforcement Program, gross sales of medical marijuana (MMJ) have exceeded $1 billion.
In accordance with information, gross sales up to now embrace “118,978 kilos of plant materials and 10,990,809 items of manufactured merchandise.”
Since dispensaries started serving sufferers in April 2019, “whole gross sales reached $1,000,047,483 as of September 18 after which elevated by one other $8 million over the next week,” reported Marijuana Second.
Information additionally famous that “almost 300,000 medical marijuana sufferers have registered in Ohio because the program’s launch beneath the extra restricted {qualifications} prescribed within the state’s hashish regulation, and about 150,000 of them at present have lively referrals and registrations.”
Ohio is making ready to double the variety of dispensaries early subsequent yr. Regulators introduced in Might that that they had chosen 70 new licensees by means of a lottery system.
Advocates are encouraging the legislature to enact a invoice permitting medical doctors to suggest MMJ to sufferers for no matter situations they see match, which might additional develop the market. Activists are additionally positioned to deliver leisure marijuana legalization to a vote on subsequent yr’s poll.
In Might, state officers and hashish legalization advocates reached a deal to permit the Coalition to Regulate Marijuana Like Alcohol to retain the signatures they’ve already collected whereas delaying their marketing campaign till 2023.
Mississippi Generates $6 Million From MMJ Licensing Charges
Mississippi is already raking in income even though its medical marijuana program is barely up and operating.
In accordance with the Dept of Well being web site, Mississippi took in almost $6 million in license and one-time utility charges from dispensaries, cultivators, transportation firms, processors and testing operations.
Marijuana Second famous that there are already 113 licensed dispensaries registered with Mississippi’s Dept of Income although gross sales aren’t anticipated to begin till November.
Thus far, the state has already earned $4.52 million in license and utility charges for dispensaries. In whole, simply by means of licenses and costs, the state has raised $5.785 million. When gross sales get underway, MMJ can be subjected to a seven p.c state gross sales tax.
Simply one week after this system launched, over 1,800 individuals submitted purposes for MMJ playing cards.
Gov. Tate Reeves (R) signed laws in February making Mississippi the thirty seventh state to legalize medical marijuana.
Picture: Courtesy Of Add Weed On Unsplash
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