Montana Reports Over $26 Million in Marijuana Sales for April

In April, Montana saw a total of $26.18 million in marijuana sales, maintaining a strong market presence with consistent sales since legalization.

Recreational marijuana sales contributed significantly, amounting to $22.11 million, while medical marijuana sales were $4.07 million for the month.

April sales mark the 14th consecutive month that marijuana sales have exceeded $25 million in Montana, as reported by the state’s Cannabis Control Division. The combined total for 2024 now stands at around $103 million. The total for 2023 was $319 million, resulting in over $50 million in tax revenue.

Since the start of legal marijuana sales in January 2022, the total revenue has amounted to approximately $726.04 million, bringing in over $115 million in tax revenue. The product range includes dried marijuana flower, edibles, tinctures, and topicals.

The record for the highest monthly sales still stands at $28.5 million, set in July 2023.

Montana legalized recreational marijuana in 2021, with the first licensed retail outlets opening in January 2022. The state laws permit individuals aged 21 and over to possess up to one ounce of marijuana. Recreational purchases are taxed at 20%, and medical purchases at 4%.

Thank you for reading The Marijuana Herald! For more news stories, click here.

 

Crop King Seeds(COM) - Best Feminized Seeds 300x280

Ships discreetly to all 50 states.