Montana Marijuana Sales Pass $25 Million for 12th Straight Month

There was over $25 million in legal marijuana sold in February in Montana.

There was $25,091,075 worth of legal marijuana sold in February, according to the Montana Cannabis Control Division. This is almost identical to the $25,110,065 sold in January, and it marks the 12th consecutive month where sales were above $25 million. Sales data for February was released by the Cannabis Control Division just a few days after data for January was released.

Of the $25.1 million in legal marijuana sold in February, $20,943,884 was purchased by recreational consumers, and $4,147,191 was purchased by medical marijuana patients.

The combined total for 2024 now stands at $50,201,140. The total for 2023 was $319 million, resulting in over $50 million in tax revenue.

All-time sales (starting January, 2022) now stands at $672,932,155, bringing in over $105 million in tax revenue for the state. Sales data includes the distribution of dried marijuana flower and shake, as well as a variety of marijuana products including edibles, tinctures and topicals.

The monthly record for marijuana sales remains the $28.5 million sold in July, 2023.

Montana legalized recreational marijuana in 2021, with the first licensed marijuana retail outlet opening in January, 2022. The law allows those 21 and older to possess 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.

Thank you for reading The Marijuana Herald. You can sign up for occasional news updates using the form below.

 


Crop King Seeds(COM) Best Feminized Seeds 728x90