The Montana cannabis sector celebrated last week alongside New Year. The state’s adult-use industry became one year old. Congrats! According to the Department of Revenue, the department that regulates the legal cannabis market, adult-use and medical cannabis sales in Q3 of 2022 surpassed $303 million.
In addition, recreational cannabis sales exceeded experts’ projections, accounting for up to 70% of the total sales at over $202 million. Montana raised over $35 million in industry-related taxes. Green making green benefits so many. The fourth quarter results are expected to be out by next week, and experts project that recreational sales will exceed $300 million in Q4.
