The Long and Winding Road to Cannabis Legalization in Montana

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In a victory that was a long time coming for cannabis advocates in Big Sky Country, Montana voters approved twin ballot measures mandating legalization and establishment of an adult-use market in the state last week.   Constitutional Initiative No. 118, which was approved by nearly 58%, amends the state constitution, allowing the Legislature to set a legal age for purchasing or possessing cannabis. This, in turn, permits the terms of Initiative 190, which passed by not quite 57%. This will allow those over the age of 21 to possess up to an ounce of cannabis or eight grams of cannabis concentrate. It also allows individuals to grow up to four plants for personal use. Regulated sales are to be permitted, with non-medical cannabis to be taxed at 20% of retail price. As the Great Falls Tribune notes, the promoters of I-190 say it will generate up to $48 million annually in tax revenue and licensing fees by 2025. Just over 10% of the revenue will go into the general state fund, with the remainder “dedicated to accounts for conservation programs, substance abuse treatment, veterans’ services, health care costs and localities where marijuana is sold,” according to the text of the measure. Individual counties will be allowed to prohibit…

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Source : The Long and Winding Road to Cannabis Legalization in Montana

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