That I will definitely give you. From what I hear about MI (and someone correct me if I’m wrong) they were basically the same way and then prices fell as more competition came in, crop went up, etc. etc. Time will tell.
Not just that, but the taxes are actually lower in Ohio (15.75%) than Michigan (16%). Both have a 10% cannabis tax, but Ohio has a slightly lower sales tax.
Both are significantly lower than Illinois though.
Next door in Ohio we taxed the shit out of our weed and now nobody is buying any. We just go up to Michigan for it.
That is absolutely not even close to the truth. Why lie?
https://www.cincinnati.com/story/news/2024/09/09/ohio-recreational-marijuana-sales-top-50-million-in-first-month/75103355007/
Direct link to the data- https://dam.assets.ohio.gov/image/upload/com.ohio.gov/DCC/DCC_Historical_Sales_Data.pdf
Thank you for the correction. I’m just going on what those around me have been saying. It is very expensive though.
That I will definitely give you. From what I hear about MI (and someone correct me if I’m wrong) they were basically the same way and then prices fell as more competition came in, crop went up, etc. etc. Time will tell.
Not just that, but the taxes are actually lower in Ohio (15.75%) than Michigan (16%). Both have a 10% cannabis tax, but Ohio has a slightly lower sales tax.
Both are significantly lower than Illinois though.