12/23/2023 0 Comments Zen dispensaryYellowstone County, the most populous in the state with roughly 160,000 residents, accounted for an estimated $2.8 million in adult-use cannabis sales and $1.5 million in medical sales in May, more than any other county in Montana, representing roughly 17.4% of the state’s combined retail market for the month. Overall, 28 of Montana’s 56 counties participated in the state’s adult-use cannabis retail program in May, while 36 counties participated in the state’s medical cannabis retail program. That local tax rate cannot exceed 3% and must be established by an election petition or resolution. ![]() In addition, municipalities have the option to levy a local excise tax on all cannabis and cannabis products sold at an adult-use or medical dispensary within a county. Through the first five months of 2022, Montana’s adult-use cannabis sales have generated $15.3 million in estimated state tax revenue, while medical sales have generated $1.9 million in estimated state tax revenue, according to DOR. In Oregon, which launched adult-use sales in October 2015, adult-use sales represented more than 91% of its licensed retail market in 2021. In Colorado, for example, which launched adult-use sales in January 2014, adult-use sales represented nearly 82% of the licensed retail market in 2021. Much like other maturing markets, adult-use sales have continued to grab a larger market share during that time, representing about 58% of overall sales in January and nearly 67% of overall sales in May. 1, 2022, retailers have recorded $76.5 million in adult-use sales and $46.7 million in medical sales-for more than $123 million combined. Since Montana became the 12th state to launch commercial adult-use cannabis sales on Jan. Other factors may include the absence of a 4/20 sales boost in May, and the fact that April had five Fridays and five Saturdays, while May had four each. One of the nation’s youngest adult-use cannabis retail markets, Montana banked $16.6 million in adult-use sales and $8.3 million in medical sales in May, according to the state’s Department of Revenue (DOR).Ĭombined adult-use and medical sales dipped slightly, from $25.4 million in April to $24.9 million May, which in part was a factor of medical sales decreasing at a greater rate (8.9%) than adult-use sales increased (1.9%) for the month. For more information about Zen Leaf medical cannabis dispensary, visit. ![]() For additional convenience and accessibility, patients can choose to order ahead at for express in-store or curbside pickup. ![]() Zen Leaf Wynnewood will offer a suite of cannabis therapeutics, including flower, topicals, and vapes. “We’re forever grateful to all our guests and team members for their support throughout this exciting journey, and look forward to celebrating this historic day in the great state of Pennsylvania by serving medical patients at our brand new Zen Leaf dispensary in Wynnewood.” “Reaching the milestone of operating 100 dispensaries nationwide is a result of the incredible dedication of our Verano team and the enduring loyalty of our valued customers,” said George Archos, Verano founder and chief executive officer. Montgomery County experienced a population increase of 7% from 2010 to 2020. Zen Leaf Wynnewood is located just outside of Philadelphia in Montgomery County, the third most populous county in Pennsylvania. Located at 257 Lancaster Avenue, Zen Leaf Wynnewood is open Monday through Saturday from 9 a.m. CHICAGO, J– PRESS RELEASE – Verano Holdings Corp., a multi-state cannabis company, today announced its 100th affiliated dispensary in the nation, Zen Leaf Wynnewood, will open on Friday, June 3 at 9 a.m.
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