Montana Lawmakers Approve Cannabis Tax Bill

Montana lawmakers on Monday passed a bill to allocate revenue from taxes on recreational marijuana, sending the bill to the desk of Republican Governor Greg Gianforte for his consideration. The legislation, Senate Bill 442, was approved in a final vote by the Montana Senate on Monday after the state House of Representatives passed an amended version of the bill last week.

Montana voters legalized recreational marijuana in 2020 with the passage of Initiative 190, a ballot measure that passed with nearly 57% of the vote. Under the initiative, a tax of 20% was levied on recreational marijuana products, with revenue

The post Montana Lawmakers Approve Cannabis Tax Bill appeared first on GrowCola.com.

Montana lawmakers on Monday passed a bill to allocate revenue from taxes on recreational marijuana, sending the bill to the… Continue reading
The post Montana Lawmakers Approve Cannabis Tax Bill appeared first on GrowCola.com.