The coronavirus pandemic has wreaked havoc on the state’s financial system, however these in the medical marijuana industry say the virus legitimized the fledgling program in Ohio.

The medical marijuana program, which is run by the Ohio Board of Pharmacy and the Commerce Department, was totally practical in April 2019. Sales have considerably elevated over the previous year.

In May of final year, about $2.2 million and about 300 kilos of medical marijuana product was sold in the state of product has been sold, in keeping with information from the Ohio Department of Commerce.

Medical marijuana gross sales in Ohio then jumped from $7.7 million this previous February to $12.9 million in March — greater than 1,500 kilos, in keeping with the Ohio Department of Commerce. About $10.9 million of medical marijuana product was sold in April.

As of June 14, the latest information accessible, a complete of $133.9 million and 16,225 kilos of medical marijuana product has been sold for the reason that program began.

The state has collected about $3.eight million in gross sales tax on the medical marijuana program from July 2019 to March 2020, in keeping with the Ohio Department of Taxation. The state of Ohio’s fiscal year runs from July 1 to June 30. [Read more at Dayton Daily News]



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