In Montana, recreational marijuana sales hit record highs in June
Written by Redacción Mota Radio on 14 July, 2022
The recreational marijuana market debuted in January of this year, and since then adult-use cannabis sales have been increasing, in June, for example, they reached record numbers.
According to the state Department of Revenue, recreational marijuana sales last month totaled more than $17 million, the highest amount since the adult-use program began.
In Montana, voters legalized recreational marijuana use during the 2020 election, and the 2021 Legislature passed a bill to implement the program as of Jan. 1 of this year, since when any adult 21 or older is allowed to purchase marijuana and cannabis products.
Year-to-date revenues
This year, between the medical and recreational marijuana program, Montana has generated nearly $150 million in combined cannabis sales.
Also, as reported by local news station NBC Montana, so far this year, medical and recreational marijuana sales have generated nearly $21 million in state taxes.
It is worth remembering that in Montana adult-use marijuana is taxed at 20%, while medical cannabis has only a 4% state sales tax.
