Marijuana sales were above $25 million for the fourth straight month in Montana.
$26,935,335 worth of marijuana and marijuana products were sold legally in June throughout Montana, according to data released by the Montana Cannabis Control Division. This is just $163,344 shy of the monthly record set in March.
A large majority of these sales were to recreational marijuana consumers – $21,848,306 – with $5,087,029 sold to medical marijuana patients.
Total marijuana sales since the first recreational marijuana store opened in January, 2022 is nearing half a billion dollars at $458,988,675. These sales resulted in $71 million in tax revenue for the state.
The $21.8 million in recreational marijuana sold in June is a roughly $1 million increase over the total for May. However, medical marijuana sales were down slightly ($200,000) in June compared to May.
In Montana’s those 21 and older are allowed to possess up to one ounce of marijuana, with marijuana taxed at 20% for recreational marijuana, and 4% for medical marijuana. The law legalizing recreational marijuana was passed in 2021, with the first marijuana store opening in January, 2022.
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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