Ohio Cannabis

Ohio’s debut into the adult-use cannabis market has been nothing short of explosive. According to the Ohio Division of Cannabis Control (via Cannabis Business Times), within the first five days of sales, from August 6 to August 10, dispensaries across the state amassed over $11.5 million in...

Jushi Holdings Inc. (OTC: JUSHF) has announced its financial results for the second quarter ended June 30, 2024, showcasing significant operational improvements and strategic developments. The company reported a net loss of $1.9 million, a considerable improvement from a $14.0 million loss in Q2...

Quarterly earnings will highlight efficient operators' growing market share and building sustainable platforms. Pablo Zuanic, senior analyst at Zuanic & Associates, provides an overview of the cannabis market trends in key states ahead of the second quarter earnings season. Zuanic...

Cannabis stocks surged following the beginning of recreational cannabis sales in Ohio on Tuesday, with significant earnings boosts reported by key industry players. The start of legal adult-use cannabis sales in Ohio has provoked an impressive uptick in cannabis stocks. Notably, the AdvisorShares...

As Ohio begins recreational cannabis sales on August 6, Pablo Zuanic, senior analyst at Zuanic & Associates has initiated coverage of Vext Science (OTC: VEXTF) with an Overweight rating, highlighting the company's significant growth potential. Zuanic calculates that Vext has the...

With nearly 200 dispensary applications already submitted to the Division of Cannabis Control (DCC), recreational marijuana sales could commence in Ohio imminently. While many businesses gear up for dual-use sales, a total of 68 local moratoriums were enacted by Ohio jurisdictions as of July 19,...

Ohio is on the brink of finally opening its recreational cannabis market as 34 medical cannabis businesses, including growers, processors and testing labs have been granted permissions to expand into adult-use sales. This development marks a crucial step towards the state’s recreational...

Ohio's Division of Cannabis Control (DCC) issued its inaugural batch of dual-use certificates on Friday, officially opening the door for four cultivators and six processors to enter the state’s adult-use cannabis market, legalized in a November 2023 ballot vote. Initial Licenses Granted To...

Amid industry consolidation, identifying emerging brands in key markets is crucial for acquisitions and collaborations. While wholesale prices have risen, retailer margins have tightened, reducing profitability. Cannabis concentrates offer a way to premiumize offerings and improve margins in this...

The Stargazer Cannabis Festival's inaugural joint-rolling contest has attracted a bona fide pro: Snoop Dogg's full-time, professional blunt roller since 2016, Rana Samarghandi, also known as "Ranagade PerRana" on social media. As Ohio fully embraces its first full year of legal recreational...

Ohio’s New Miami Village Council unanimously voted on June 27 to fire Police Chief Harold Webb following accusations made by Mayor Jewell Hayes-Hensley that his office smelled of marijuana, reported the New York Post based on a letter from the mayor's office obtained by Ohio's Fox 19. Ohio...

The Stargazer Cannabis Festival is gearing up for its inaugural three-day run at southern Ohio's Wisteria Campground. As Ohio embraces its first full year of legal recreational marijuana, the festival will feature a unique joint-rolling contest on July 27. Event organizer Chad Thompson announced...

Tim Seymour, portfolio manager of the $CNBS Amplify Seymour Cannabis ETF (NYSE: CNBS), is a key voice in the cannabis investment community. With an insightful understanding of market dynamics, Seymour recently shared his views with Benzinga Cannabis on what truly drives growth in the...

As Ohio gears up for the launch of its adult-use cannabis market, consumers may initially face higher prices. Retailers are already witnessing price increases at the wholesale level as they stock up in anticipation of robust demand. This pattern mirrors the early stages of adult-use markets in...

Among the top 5 multi-state operators (MSOs) in the cannabis industry is Cresco Labs (OTC: CRLBF), with a significant presence in states like Ohio, Pennsylvania and Florida. According to a report from Pablo Zuanic of Zuanic & Associates, among the top 5 MSOs, Cresco has the strongest brand...