Montana’s legal cannabis industry has not only transformed the economic landscape but also created significant opportunities for community growth and development. In 2023, the state generated over $50 million in cannabis tax revenue, which has been channeled into vital areas such as education, healthcare, and infrastructure. This remarkable contribution demonstrates the potential of cannabis to be more than just an industry; it can serve as a catalyst for Montana’s future.
Where Does the Money Go?
Montana’s legal cannabis industry has not only transformed the economic landscape but also created significant opportunities for community growth and development. In 2023, the state generated over $50 million in cannabis tax revenue, which has been channeled into vital areas such as education, healthcare, and infrastructure. This remarkable contribution demonstrates the potential of cannabis to be more than just an industry; it can serve as a catalyst for Montana’s future.
What could that Money do?
Feed 90,000+ Kids
The annual tax revenue from the Montana cannabis industry can feed over 90,000 kids at school per year.
Retrain Employees
Cannabis tax revenue can be used to create new hire training grants which could retain 39,936 new employees per year and reduce the cost of starting a business.
Increase Law Enforcement
Use cannabis tax revenues to increase funding for law enforcement for enhanced training, crisis intervention teams and new equipment and vehicles
Fix 1,600+ Miles of roads
Montana has over 1,600 miles of roads rated as 'poor condition'. Just 35% of annual cannabis tax revenue can fix every mile.
Cannabis taxes in Montana can be used to create life changing opportunities for many Montanan’s across our state. Instead of looking at the raw dollar’s that come in, we look at the potential good those dollars can do for our family, friends, neighbors and community. Right now, most cannabis revenue goes to the general fund, which allows for the appropriation to any number of worthy causes.