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  • University of Montana study: Legalizing marijuana will generate $236 million by 2026

University of Montana study: Legalizing marijuana will generate $236 million by 2026

Sep 29, 2020

BBER, Bureau of Business and Economic Research, CI-118, COVID-19 pandemic, Dr. Fred Barkey, economic benefits, economic challenges, economy, I-190, legalization, Montana, MT, New Approach Montana, new revenue, report, Research, study, Tax and Regulate, tourists, University of Montana

University of Montana study: Legalizing marijuana will generate $236 million by 2026

The University of Montana's Bureau of Business and Economic Research (BBER) released a study analyzing the potential economic benefits of legalizing and taxing marijuana. The researchers, led by BBER Director Dr. Patrick Barkey, project that Montana will generate $236 million in new revenue from marijuana sales by 2026. Click here to read the full report.


The study anticipates a significant boost will come from tourists visiting Montana, with the new marijuana revenue supporting many important programs and services for Montanans. This chart shows the breakdown:


As Montana confronts the economic challenges resulting from the COVID-19 pandemic, hundreds of millions of dollars in new revenue is among the top reasons Montanans should support legalizing and regulating marijuana. 

Be sure to share this report with friends, family, and anyone who is on the fence about CI-118 and I-190!