Montana marijuana stores sold $26.8 million in legal marijuana in December, bringing the yearly total to $319 million.
According to the Montana Cannabis Control Division, there was $26,886,443 worth of marijuana sold in December. This is around $1.7 million more than the total for November, and $1.2 million more than the previous December.
Year-to-date marijuana sales finished at $319.16 million, an over $15 million increase from the $303.56 million sold throughout 2022. The $319 million in sales resulted in around $55 million in tax revenue.
The combined sales total between the two years is $622,731,015, resulting in over $100 million in marijuana taxes.
The monthly record for marijuana sales remains the $28.5 million sold in July of this year. Marijuana sales data for each month includes the distribution of dried marijuana flower and shake, as well as a variety of marijuana products including edibles, tinctures and topicals.
Montana legalized recreational marijuana for everyone 21 and older in 2021. The state’s first legal marijuana sales took place on January 1, 2022. The law allows for the possession of up to one ounce of marijuana, with marijuana taxed at 20% for recreational marijuana, and 4% for medical marijuana.
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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