In March there was $26.9 million in marijuana sold through legal means in Montana, the highest amount since September.
March marks the 13th straight month with marijuana sales over $25 million in Montana, according to the state’s Cannabis Control Division. In total there was $26,926,233 sold in March, a nearly $2 million increase from the sales totals for February and January. That said, March’s sales totals fell narrowly short of sales for March, 2023 ($27,098,679).
A large majority of the marijuana sales for March were purchased by recreational consumers; $22,593,299. Medical marijuana patients purchased $4,332,934 worth of marijuana and marijuana products during the same period.
The combined total for 2024 now stands at $77,127,373. The total for 2023 was $319 million, resulting in over $50 million in tax revenue.
All-time sales (starting January, 2022) now stands at $699,858,388, bringing in over $110 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.
