2024 will go down as one of many quietest years for hashish market launches. The debut of Ohio’s adult-use retail market on Aug. 6 is the lone standout, in distinction to perennial market growth that’s been a bedrock of the business for greater than a decade.
Final yr, by comparability, three states within the Northeast and Midwest launched leisure marijuana gross sales, whereas two within the Deep South started medical hashish gross sales.
This yr, Ohio grew to become the 21st U.S. state to determine adult-use gross sales, following Maryland’s launch in July 2023 and Missouri’s debut in February 2023.
The hole of practically one yr between leisure market launches is believed to be the business’s longest drought because the first wave of regulated, adult-use shopper entry started in 2014.
This merchandise initially appeared on MJBizDaily. The remainder of the story is obtainable right here.
