Tag: montana
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Montana May Halt Issuing Cannabis Business Licenses Until 2027
Medical cannabis was first legalized via ballot initiative in 2004, and voters approved a recreational cannabis legalization measure in 2020. As of January 1, 2022, cannabis became legal to purchase in the state of Montana by individuals 21 and over. The Montana Department of Revenue issues separate licenses for cannabis cultivators, manufacturers, dispensaries, transporters, and…
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How Many Cannabis Dispensaries Are Located In Missoula, Montana?
Missoula is a city in western Montana and is often touted as one of the best places in the United States for outdoor activities. Montana voters passed ballot initiative 190 in 2020 which legalized cannabis for recreational use. Legal adult-use sales began in Montana on January 1, 2021, including in Missoula. Missoula had an estimated…
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Where Does Montana’s Legal Cannabis Taxes Go?
Montana first legalized cannabis for medical use in 2004, and Montana voters passed ballot initiative 190 in 2020 which legalized cannabis for recreational use. Legal adult-use sales began in Montana on January 1, 2021, with legal sales being subjected to tax. “According to Susie Lindsay, the Lead Fiscal Analyst for the DOR, in 2023, Montana…
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U.S. Adult-Use Cannabis Industry Surpasses $20 Billion In Total Tax Revenue
The United States adult-use cannabis industry has generated over $20 billion in total tax revenue since the first legal recreational cannabis purchase was made in Colorado on January 1st, 2014 according to a new report by the Marijuana Policy Project. “Through the first quarter of 2024, states have reported a combined total of more than…