Prices high at the start of Ohio’s recreational marijuana sales
UC Blue Ash economics professor says edibles cost twice as much in Ohio compared to Michigan
While recreational marijuana is now legal in Ohio, consumers have noticed that prices are higher at Ohio dispensaries compared to other states such as Michigan, WCPO reported.
Keshar Ghimire, PhD, associate professor of economics at UC Blue Ash
Keshar Ghimire, PhD, an associate professor of economics at the University of Cincinnati Blue Ash College, said it’s not surprising that prices in Ohio are higher than elsewhere.
“The flower is about five times more expensive in Ohio right now, and edibles are almost double what's available in Michigan,” he said.
Experts told WCPO that marijuana prices should decrease in Ohio in the future. They cited high demand at the beginning of legal recreational sales and a limited number of sellers at this time for the increased prices.
Featured image at top: Marijuana products. Photo/ Mike Von via Unsplash
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