In May Montana marijuana sales passed $26 million for just the fourth time.
According to data released by the Montana Cannabis Control Division, there was a total of $26,096,828 in legal marijuana sold in May. This includes dried marijuana flower as well as marijuana products such as edibles, tinctures, concentrates and topicals.
In May medical marijuana patients purchased $5,288,730 worth of product, a slight decrease from the $5,443,376 sold in April. However, the $20,808,098 in recreational marijuana purchased in May is an increase from the $20,373,979 sold in April.
The $26 million combined marijuana sales in May is roughly $1 million shy of the record-setting $27,098,679 sold in March
In Montana’s those 21 and older are allowed to possess up to one ounce of marijuana. Marijuana is taxed at 20% for recreational marijuana, and 4% for medical.
The law legalizing recreational marijuana was passed in 2021, with the first marijuana store opening in January, 2022. Total marijuana sales between January, 2022 and May 31, 2023 is $432,053,340.
More information on marijuana sales and tax revenue in Montana can be found on the website for the Montana Cannabis Control Division by clicking here.
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