NORWOOD, Mass., Sept. 24, 2024 – PRESS RELEASE – MariMed Inc., a leading multistate cannabis operator focused on improving lives every day, announced it has commenced adult-use retail sales at its Thrive Wellness dispensary in Tiffin, Ohio.
Since its opening in June 2023, the dispensary has been operating as a medical-only facility, offering a diverse selection of branded flower and edible products from across the state.
“We are thrilled to commence adult-use sales in Ohio,” MariMed CEO Jon Levine said. “We have long believed that Ohio will be one of the country’s largest cannabis markets, and it remains our top priority with respect to mergers and acquisitions to become a vertical operator as quickly as possible.”
According to the Ohio Department of Commerce, Ohio’s medical marijuana industry generated nearly $500 million in 2023 retail sales, which is expected to grow significantly with the addition of adult-use sales. Ohio, with a population of 11.8 million, is the seventh most populous state in the United States. MariMed is prioritizing Ohio in its mergers and acquisitions strategy to expand its operational presence to the fullest extent permitted.
