Even with state’s small population, adult-use marijuana sales could boom in Montana

A recreational cannabis market in Montana could generate sales of more than $200 million in its first year of operation in 2022, according to a new study from the University of Montana’s Bureau of Business and Economic Research.

The first barrier, however, is getting Montana voters to approve a ballot initiative on Nov. 3 that would legalize the cultivation and sale of recreational marijuana.

If that happens, operators looking to capitalize on the change will need to pack their bags and move to Montana, because the new market would be restricted to residents.