Montana’s adult-use marijuana industry will remain closed off to new entrants for at least two more years.
That was among the changes to Montana’s adult-use industry under House Bills 128 and 903, which Republican Gov. Greg Gianforte signed into law this week.
ADVERTISEMENT
According to Helena TV station KTVH:
HB 128 extends an existing moratorium on new licenses until July 1, 2025, and gives tribal nations the same privileges as other cannabis businesses. All eight tribal nations in the state are guaranteed cannabis permits. HB 903 mandates that holders of multiple licenses pay higher fees. An initial license now costs $5,000, with each additional permit costing an additional $5,000.
Gianforte’s signature also means that 16 businesses statewide that had been allowed to sell only medical marijuana since receiving licenses in 2020 will be able to start selling adult-use products.
Montana has had a tortuous path toward
The post Montana governor signs marijuana licensing moratorium extension into law appeared first on GrowCola.com.
Montana’s adult-use marijuana industry will remain closed off to new entrants for at least two more years. That was among… Continue reading
The post Montana governor signs marijuana licensing moratorium extension into law appeared first on GrowCola.com.