Montana cannabis businesses are gearing up for the scheduled Jan. 1 launch of the nation’s newest adult-use program in a market projected to top $300 million in annual sales by 2025.
Existing medical marijuana businesses will get an 18-month head start to sell adult-use cannabis products before new entrants can qualify.
On the surface, there’s plenty of MMJ businesses: 437 licensed dispensaries, 392 cultivators and 208 processors, according to the state’s September market report.
The market for cannabis is larger than the consumption of Montana’s residents, relying on tourism to make up the difference.
Show Notes:
Montana prepares for Jan. 1 launch of $325 million adult-use cannabis market
https://mjbizdaily.com/montana-prepares-for-jan-1-launch-of-325-million-adult-use-cannabis-market/
AN ASSESSMENT OF THE MARKET AND TAX REVENUE POTENTIAL OF RECREATIONAL CANNABIS IN MONTANA
bber.umt.edu/pubs/Econ/CannabisStudy2020.pdf
Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/
Episode 855 The Talking Hedge:
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com
Music Info:
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats
Keywords:
Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data
Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers. This is only entertainment.
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