Ohio MMJ Market Could Generate $200M-$400M in Sales

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

Ohio’s medical cannabis industry could eventually generate between $200 million and $400 million in annual retail sales via dispensaries once the market matures, according to preliminary estimates by Marijuana Business Daily.

That would translate into as much as $23 million in taxes for Ohio if state sales taxes of 5.75% are applied.

“Many rules and regulations that will ultimately affect the business landscape and size of the market are still being hammered out, as is the exact tax structure,” said Chris Walsh, editorial director of Marijuana Business Daily.

“But from what we can tell now, this will be one of

Ohio MMJ Market Could Generate $200M-$400M in Sales is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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