In Montana there was over $25 million in marijuana sold legally in November.
In total there was $25,186,590 worth of legal marijuana sold in November, resulting in nearly $5 million in taxes, according to the Montana Cannabis Control Division. This is a slight decrease from the $26.2 million in legal marijuana sold in October.
The vast majority of the sales – $20,802,357 – was sold to recreational consumers, while $4,384,233 was purchased by medical marijuana patients.
Year-to-date marijuana sales now stands at around $290 million.
Total sales since January, 2022 is $595,844,572, resulting in nearly $100 million in tax revenue.
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 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.
