Get insights on state ballot initiatives and all things Election 2020 for cannabis at MJBizCon. On Wednesday, our Election Week panel will discuss the results.
The Washington Post called the election with 58% of voters in favor of Initiative 190 and 60% of precincts reporting.
A University of Montana study projected the adult-use initiative would generate sales of $217 million in the first year and $234 million in 2024.
- Smokable flower will be permitted.
- A seed-to-sale tracking system will be implemented.
- Montana residency will be required for licensees.
- Marijuana operations will have to be at least 500 feet from churches and schools.
Additionally, local governments looking to ban cannabis businesses would have to get agreement from voters under I-190, a departure from the current MMJ program.