Today, New Approach Montana, a Helena-based marijuana reform campaign, will be submitting over 130,000 signatures to counties across the state in order to qualify two complementary marijuana legalization initiatives for the November 2020 ballot. Despite the impact of COVID-19, the campaign was able to reach its signature goals in time for today’s signature submission deadline.
New Approach Montana 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 a year by 2025 under New Approach Montana’s plan to legalize and tax adult use marijuana at 20%.
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by Owen macmillan
June 19, 2020