Listing ID : 847558
Listed On September 3, 2024 62
Listing Updated September 3, 2024
Listing Highlights :
Two retail locations in prime locations. This opportunity includes the licenses and the real estate for these locations, each location is expected to produce 12 – 15 M USD annually.
Overview of Ohio Cannabis Market
Ohio’s cannabis market has seen rapid growth, driven by strong demand in both the adult-use and medical sectors. With
a population of over 11 million and a steadily increasing number of registered medical patients, the state presents a
significant opportunity for cannabis retailers. Ohio’s market is expected to reach several billion dollars annually, with
continued expansion driven by adult-use legalization.
Key Market Insights
• Growing Demand: Ohio has over 380,000 registered medical marijuana patients, with adult-use expected to
attract a broader customer base.
• Limited Licenses: The state has capped the number of dispensary licenses, ensuring limited competition and
high customer traffic for existing licensees.
• Strategic Expansion: With medical cannabis already established, Ohio is poised to follow in the footsteps of
other states by fully legalizing adult use, leading to a substantial increase in market potential
26.9 Acres Divisible into 12 Acres and 14.9 Acres – Available Together or Separately Explore the potential of this expansive 26.9-acre property,
Attachments
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