In January recreational marijuana sales totaled than $12.8 million for its first month of it being legal in Montana on track to meet projections of $130 million this year. With $9.7 million in medical sales added in the Montana Department of Revenue’s Cannabis Control Division took in $2.9 in tax revenue. Recreational market’s open...
Montana On Track For Over $200 Million In Marijuana Revenue
The sale of recreational marijuana rolled out in 29 counties on New Year’s Day for adults 21 and over who can legally buy up to 5 ounces or its equivalent each month. Sales to date won’t be released for a few days by the Department of Revenue’s Cannabis Control Division but it is estimated that in 2022 there will be $217.2 million ...
Montana Sees Big Early Numbers From Marijuana Sales
Treasure State dispensaries had $1,566,980 million in recreational marijuana sales last weekend racking up $313,396 in tax revenue from a 20% tax on sales. Another $17,305 came in from a 4% tax on medical marijuana sales worth $417,305. The Department of Revenue’s Cannabis Control Division tallied a combined total almost $2 million with ...