Montana Cannabis Business Opportunities in 2021

Montana Cannabis Business Opportunities

On November 3, 2020, voters across the United States had the chance to increase access to Cannabis for both Medical and Adult-Use. These states are Arizona, Mississippi, Montana, New Jersey, and South Dakota.

Cannabis Business Opportunities in Montana for 2021

On November 3rd, 2020, Montana voters had the opportunity to vote on Initiative 190, to legalize, regulate, and tax adult-use marijuana; and Constitutional Initiative 118 (CI-118), to give the state the authority to set the minimum age of marijuana consumption at 21, in Montana.

Montana Initiative 190 passed with a 57% for and 43% against, and CI-118 passed with a 58% for and 42% against.

I-190 now allows Montana to legalize, regulate, and tax adult-use marijuana.

Montana residents can possess, use, and grow marijuana on January 1, 2021.

The Montana Department of Revenue is responsible for regulating the cultivation, manufacture, transport, and sale of marijuana. The department will also begin to accept marijuana provider and dispensary applications by January 1, 2022.

CI-118 is a constitutional amendment that gives the state the authority to set the minimum age of marijuana consumption at 21.

If you are interested in applying for a marijuana business license in Montana in 2021, we encourage you to start preparing now. Email us at info@thecannabisbusinessadvisors.com or head over to our website at thecannabisbusinessadvisors.com to learn more on how we may be able to assist you.