Montana Marijuana Sales Top $26 Million in June, All-Time Sales Surpass $750 Million Resulting in $127 Million in Taxes

In June, Montana’s marijuana sales were the highest since September 2023, with all-time sales now exceeding $775 million.

According to data from the Montana Department of Revenue, licensed marijuana stores sold $26,945,439 worth of product in June, the highest amount since the $28,159,456 sold in September last year. August 2023 remains the month with the highest marijuana sales at $28,697,312.

In June, the vast majority of legal marijuana was purchased by recreational consumers ($23,157,228), while medical marijuana patients purchased $3,788,211.

The year-to-date total for marijuana sales in Montana is $157,187,065, bringing all-time sales since January 2022 to $779,918,080. These sales have resulted in $157,187,065 in tax revenue.

June marks the 16th consecutive month that marijuana sales have surpassed $25 million.

Montana legalized recreational marijuana in 2021, with the first licensed retail outlets opening in January 2022. 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%.

In Montana, marijuana tax revenue is distributed as follows:

  • $6 million to the Healing and Ending Addiction through Recovery and Treatment (HEART) account established in 16-12-122, MCA,
  • 20% to Department of Fish, Wildlife, and Parks to be used solely as funding for wildlife habitat
  • 4% to the state park account
  • 4% to the trails and recreational facilities account
  • 4% to the nongame wildlife account
  • 3% or $200,000, whichever is less, to the veterans and surviving spouses state special revenue account
  • $150,000 to the board of crime control to fund crisis intervention team training for the biennium beginning July 1, 2021,
  • $300,000 to the Department of Justice to administer grant funding to local and state law enforcement agencies for the purpose of purchasing and training drug detection canines and canine handlers, including canines owned by local law enforcement agencies to replace canines who were trained to detect marijuana
  • The remainder to the general fund
Thank you for reading The Marijuana Herald!