A bill proposed in Montana would remove adult-use hashish dispensaries within the state and lift the tax on medical hashish from 4% to twenty%, the Montana Free Press studies. In response to the invoice textual content, the measure, sponsored by state Sen. Keith Regier (R), intends to “cut back the demand for marijuana gross sales” in Montana.
The measure, which carries no co-sponsors, is at present within the chamber’s Enterprise, Labor, and Financial Affairs Committee.
Grownup-use hashish gross sales in Montana have generated $54 million in tax revenues since gross sales commenced in January 2022, the report says. Lower than one-tenth of that income got here from medical hashish taxes, whereas adult-use gross sales are taxed at a 20% fee by the state and a few counties add a further 3% native tax.
Regier’s laws would additionally cap the THC efficiency for hashish flower offered within the state’s medical hashish program at 10%; below present state legislation, that restrict is 35%. The measure would additionally halve the quantity of THC allowed in an edible product, from 10 milligrams to five milligrams, and would prohibit concentrates from containing greater than 10% THC.
Zach Block, the proprietor of Montana Canna, instructed the Free Press that these THC limits on medical hashish merchandise “would take our assortment of efficient merchandise and diminish them into one thing unrecognizable and never essentially enough to shoppers and sufferers.”
He added that Regier’s invoice would render the state’s adult-use hashish program “nugatory” for operators and shoppers.
“You’d be delivering a subpar product to a small group of individuals,” he instructed the Free Press, “and also you’re ignoring nearly all of the worthy demographic.”
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