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US: Ohio predicted to surpass $2B in profit by 2027 - if laws remain untouched

A national cannabis company predicts Ohio will be a $2 billion market in 2027 if legislators do not alter marijuana laws.

LeafLink, a wholesale cannabis platform that connects marijuana distributors and retailers, identified Ohio as one of six expanding markets, projecting $2 billion in sales in the next two years. LeafLink pointed to Ohio's rapid growth in 2024, with monthly sales doubling after recreational sales began.

LeafLink said new dispensary openings in New York, New Jersey, Maryland, Ohio, Illinois and Minnesota will drive national market growth in the next few years. these six states will make up 75% of cannabis growth sales in the U.S. by the end of 2027.

LeafLink said neighboring Michigan is the largest cannabis market in the country and continues to expand, hitting retail sales of $327 per resident. In Ohio, retail sales average $58 per resident, meaning total sales are equal to if every Ohioan purchased $58 of marijuana.

Read more at NBC 4