Pat Beggan

Ohio Medical Cannabis Sales Top $5.8M

With more than 30,000 patients registered to the program, Ohio’s medical cannabis market has now surpassed $5.8 million in sales since dispensaries opened on January 1.

Full story after the jump.

Medical cannabis sales in Ohio have topped $5.8 million for the first five months since sales began in January, according to state data outlined by the Associated Press.

Dispensaries have sold more than 750 pounds of flower to the state’s patients, which now exceed 30,000.

The program has signed up 484 physicians to recommend qualifying patients but many of the industry operators have yet to come online and even fewer producers and processors have their operations up and running.

Of the 29 provisional licenses for cultivation, 17 licensees have received their operating certificates for their facilities. Just 15 of 56 dispensaries are selling products and only two of the state’s 39 producers have received certification to begin manufacturing edibles, tinctures, and salves.

According to Board of Pharmacy figures, there are 2,386 military veterans signed up with the medical cannabis program, and 1,216 patients with indignant status; additionally, there are 2,109 registered caregivers to serve some of the state’s patients while regulators continue issuing licenses – caregivers have a two-patient cap. In April, dispensaries served more than 15,330 patients.

Last week, the Medical Board of Ohio recommended that the agency add anxiety and autism spectrum disorder to the state’s current list of 21 qualifying conditions for medical cannabis. Adding anxiety could greatly increase the number of patients registered under the state regime. The board is expected to approve or deny the conditions on June 12.

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