Tax revenues from marijuana sales are on pace to cross the $100 million-mark this month, two years since the recreational weed market launched in Montana.
Combined medical and recreational marijuana sales since that January 2022 launch have reached nearly $623 million, according to reports available online from the Montana Department of Revenue. Recreational marijuana sales is the clear driver of the sales figures, accounting for $468 million of that total compared to $154 million in medical marijuana sold since recreational cannabis became available.
The Montana Department of Revenue requires all marijuana growers to tag each plant for enforcement tracking, reporting and compliance from seed to sale.
Yellowstone County, the state’s largest, has consistently sold the most marijuana since legalization despite a prohibition on recreational cannabis sales within city limits, where most of the county’s 167,000 residents live. Gallatin County closely follows Yellowstone in monthly sales totals. Missoula, Flathead, Cascade, Lewis and Clark and Silver Bow counties account for the highest sales figures.
Sarah Thomas of The Higher Standard in Missoula stocks marijuana products in December as the store prepared for the beginning of recreational sales in Montana.
Recent Comments