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Montana’s House and Senate are at odds over how to spend the state’s nearly $50 million revenue from the sales tax on marijuana.
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The Montana House endorsed a bill that would extend a moratorium on licenses for new recreational cannabis businesses and clarify regulatory oversight.
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A bill to allow cannabis business access to traditional banking services appears to have failed in Congress this week.
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Marijuana dispensary owners in Great Falls have won a lawsuit against the city. The decision determined a city where sales are legal can’t ban marijuana businesses without holding an election.
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According to Montana Department of Revenue data, that nearly $16 million in recreational marijuana sales represents a roughly $2.3 million bump over February’s receipts.
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The Montana Supreme Court this week approved temporary rules that outline procedures for expunging or revising marijuana-related convictions.
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Butte-Silver Bow County is the latest local jurisdiction in Montana looking to add a local excise tax on cannabis sales.
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Montana’s marijuana regulators are eliminating two widely criticized proposals tied to the state’s January rollout of legal cannabis sales.
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Recreational cannabis sales begin in less than two months in half of Montana’s counties. Regulators and retailers alike are scrambling to finalize last minute details before that January 1st deadline.
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Ahead of Montana’s upcoming first legal recreational marijuana sales, lawmakers this week told state regulators to reconsider several potential rules.