420 with CNW — Recreational Cannabis Now Legal in Montana — With Caveats

January 13, 2021 04:25:32

On Nov. 3, 2020, Montanans voted in favor of two legislations that would make the possession of cannabis in the state legal. The first, Initiative 190, legalized the possession and sale of small amounts of cannabis and levied a 20% tax on recreational cannabis sales. The second, Constitutional Initiative 118, would amend the constitution to allow either voters or state legislators to set the age at which adults are allowed to possess and consume cannabis.

The constitutional amendment became effective as of Jan. 1, 2021, and some of its now-effective sections allow…


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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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