Last week, Ohioans flocked to dispensaries for the highly anticipated launch of recreational cannabis sales. Almost 100 medical cannabis dispensaries were permitted to sell recreational marijuana to adults after obtaining operational certificates from the state’s marijuana control division.
In Cincinnati, Jeffrey Reide was so excited about the historic day that he camped out in his car to ensure he would be the first in line at a local dispensary. “I’m thrilled; this has been a long time coming,” Reide said, reflecting the sentiment of many others eagerly awaiting this moment. Similar scenes were observed in Youngstown and Columbus, where dispensaries reported long lines of excited consumers anxious to make their first legal purchases.
One of the early birds in Columbus was Bloom Medicinals, located at 1361 Georgesville Road, which opened its doors around eight in the morning. The dispensary welcomed about 20 customers, all keen to be among the first to purchase cannabis without needing a prescription.
The store, originally a medicinal dispensary, set up a separate line to accommodate its regular customers who still rely on marijuana for medical purposes. Customers waited in orderly lines at the security station to have their identification examined to make sure they were authorized to purchase marijuana.
In terms of pricing, most cannabis flower products were approximately $40 for 2.83 grams, roughly equivalent to one-tenth of an ounce. The pricing range for edibles was wider, varying from $17 to $100 based on the product’s size and nature. Gavin McKenney, general manager of Bloom Medicinals, pointed out that consumers used to buying marijuana in Michigan would find that Ohio’s costs are a little higher for the time being.
While 98 locations were given the all-clear to begin selling, it was unclear how many were up and running from the outset.
Ohio voters approved the legalization of recreational marijuana last November, allowing adults 21 years of age and older to buy, possess and cultivate limited quantities of marijuana for personal use. However, the start of sales was postponed while the state established a regulated framework for transactions and finalized other regulations.
Under the new regulations, adults can purchase and hold up to 2.5 ounces of marijuana. Additionally, individuals are permitted to cultivate up to 6 plants at home, with a household limit of 12 plants. A 10% tax applies to legal sales; this revenue will be used to pay for job programs and social-equity initiatives within the cannabis sector, as well as to support addiction treatment, municipalities that have dispensaries and administrative expenditures.
The entire marijuana industry, including players such as Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF), will be happy that the sales launch in Ohio went without a major glitch and will hope that more retail outlets open quickly so that residents can have easy access to the products they need.
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