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weed prices in ohio

Brian Wingfield, owner of Ohio Cannabis Company dispensary in Coshocton, said some growers have recently set lower prices on introductory products or lower-THC strains they plan to discontinue growing.

Ohio dispensaries sold $9.68 million of medical marijuana between Jan. 16, when sales began at four dispensaries, and June 8, when 18 dispensaries had opened. That includes 1,181 pounds of dried flower and 12,152 units of tinctures, vaping oils and edibles.
Prices have been steep as the program gets up and running. For the first two months of sales, prices averaged $471.86 per ounce, according to an Enquirer analysis of Department of Commerce data.

Wingfield expects flower prices to go down a little bit more but not too much because growers will need to start selling more plant material for marijuana-infused products as more processors come online. Meanwhile, Wingfield said, Standard Wellness plans to roll out its infused gummy candy at $15 less than its competitor.
Last week, the average sale price was down to $442.16 an ounce. That’s less than the average price reported in March for Pennsylvania, where sales started last year, but more than in Illinois and Michigan, which averaged $207.63 per ounce during a six-month period ending in March.
But don’t expect prices to drop to Michigan levels any time soon.
Editor’s note: This story was updated June 18 with the correct per-ounce average for marijuana sales during the first week of June. The initial version of this story included inaccurate information provided by the Ohio Department of Commerce.
Ohio’s seed to sale process for producing medical marijuana. Cincinnati Enquirer

COLUMBUS – As sales of medical marijuana in Ohio approach $10 million, the average price for bud is going down.

Prices are coming down in Ohio's new medical marijuana market but they're still too high for many patients.

Weed prices in ohio

Pennsylvania started selling flower in August 2018, and prices are now hovering around $300 to $480 an ounce, according to dispensary websites.

Ohio dispensaries reported lines and a steady flow of customers on opening day. (Photo: Daniel Carson/The News-Messenger)
“There’s a higher cost of production to adhere to all the regulatory requirements and to deliver that product to the consumer,” said Jason Erkes, spokesman for Cresco Labs, which operates CY+ Dispensary. Cresco also has an Ohio cultivation license and operates medical marijuana businesses in Illinois and Pennsylvania.

Ohio’s seed to sale process for producing medical marijuana. Cincinnati Enquirer
No other state has calculated limits this way.
Buckeye Relief, a large-scale cultivator in Northeast Ohio, planned to start packaging in larger quantities after the first day of sales.
Why so much? There are a few reasons.
A unit of dried flower is 2.83 grams, or 1/10th of an ounce. Where did that number come from? State law limits patients to buying and possessing no more than a “90-day supply,” but didn’t define it in law.

Ohio has some of the highest marijuana business licensing fees in the country – $200,000 a year for large-scale growers and $70,000 every two years for dispensary owners. Businesses pay additional fees to the state to register employees and pay a $100 fee for each strain or dosage of a product.

Many Ohio medical marijuana patients suffered from sticker shock on the first day of legal marijuana sales in the state.