Montana’s Adult-Use Cannabis Sales Enjoy Boost in February
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Montana’s Adult-Use Cannabis Sales Enjoy Boost in February

The state’s medical cannabis sales, however, declined compared to January’s figures.

March 4, 2022

Montana’s adult-use cannabis sales increased in February compared to sales in January, when adult-use sales launched.

The state’s adult-use dispensaries sold roughly $13 million in product from Jan. 31 through Feb. 27, according to an AP News report.

From Jan. 1 through Jan. 30, the first 30 days of adult-use sales, retailers sold roughly $12.8 million in product, the news outlet reported.

RELATED: Montana’s Adult-Use Cannabis Retailers Sell More Than $1.5 Million in Product During First Weekend of Legal Sales

The state’s medical cannabis sales declined from $9.7 million in January to $9.2 million in February, according to AP News.

Montana’s 20% tax on adult-use cannabis sales has generated about $5.1 million in revenue this year, the news outlet reported, while the 4% tax on medical sales has brought in over $757,000.

Adult-use cannabis sales are on track to reach $150 million this year, according to AP News, which is more than the $130 million projected by state fiscal analysts.

Montana voters approved adult-use cannabis legalization in the November 2020 election.