Jun 24, 2020
2020 ballot initiatives, ballot initiatives, campaign, CI-118, COVID-19, Governor’s Budget Office, I-190, legalization, Montana, MT, NAM, New Approach Montana, November 2020 ballot, signature drive, signature submission, signature submission deadline, tax revenue
Last Friday, New Approach Montana, a Helena-based marijuana reform campaign, submitted over 130,000 signatures from counties across the state in order to qualify two complementary marijuana legalization initiatives for the November 2020 ballot. Despite the severe impact of COVID-19, the campaign was able to reach its goals in time for the signature submission deadline.
The campaign submitted over 52,000 signatures in support of I-190, a statutory initiative that would legalize, regulate, and tax marijuana in Montana, and over 80,000 signatures in support of CI-118, a constitutional initiative that would set the legal minimum age for purchasing, consuming, or possessing marijuana at 21. Those numbers far exceed the minimum requirements of 25,468 and 50,936, respectively.
The Governor’s Budget Office estimates that marijuana tax revenue will reach $48 million per year by 2025 under New Approach Montana’s plan to legalize and tax adult use marijuana at 20%.
Stay tuned for further developments, and visit the campaign's website for more information.