Montana Real Estate & Cannabis Regulations

Cannabis Status: Pending

Montana will offer a unique cannabis market opportunity, being one of the first states in its region to legalize adult-use cannabis. The state also boasts the fourth largest amount of land of any state, making cultivation opportunities nearly endless. In addition the state will be the first to set aside licenses for the eight sovereign Native American tribes located within the state, offering this historically disadvantaged group access to one of the largest growing industries in the country.

5/6/21 Update: Montana’s long road towards cannabis legalization began during the November 2020 election, when voters in the state passed initiative I-190 to legalize the possession and use of marijuana for adults over the age of 21, imposing a 20% tax on marijuana sales, requiring the Department of Revenue to develop rules to regulate marijuana businesses, and allowing for the resentencing or expungement of marijuana-related crimes.

Months later, members of the Montana legislature finally compromised on an implementing bill to establish the guidelines for implementing the state’s cannabis market. Now, House Bill 701 sits on Governor Gianforte’s desk, awaiting final approval for him to sign the bill into law.

Name: Montana
Population: 1,069,000
Median Income: $54,970
Cannabis Uses: Cultivation, Retail, Manufacturing, Transportation, Testing
State Cannabis Overview: Montana recently passed HB701 to implement the state’s adult use cannabis market. Currently the bill is sitting on the governor’s desk awaiting final approval. After that, the Department of Revenue will need to finalize a set of regulatory structures for the application process.

Montana Cannabis & Commercial Real Estate Research

Uses: Testing, Cultivation, Manufacturing, and Retail

Adult-Use Distance Requirement: TBD. Final regulatory and licensure will be centrally controlled by the Department of Revenue.

Current Medial Distance Requirement: Cannot be within 500 feet of and on the same street as a building used exclusively as a church, synagogue, or other place of worship or as a school or postsecondary school other than a commercially operated school, unless the locality allows for a reduced distance. This distance must be measured in a straight line from the center of the nearest entrance of the place of worship or school to the nearest entrance of the licensee’s premises.

Caps: TBD. Final regulatory and licensure will be centrally controlled by the Department of Revenue.

Tax Rate:

20% of gross receipts for adult-use cannabis sales. Municipalities can levy an additional 3% tax on top of that.

4% of gross receipts for medical sales.



Great Falls


Butte-Silver Bow

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Available Montana Cannabis Business & Property Listings

Review our Montana cannabis real estate for sale or lease below. We also have upcoming businesses in Montana for sale with a cannabis license. Contact us for more information and sign up to be a buyer or a seller on our website to get started with your property in the state of Montana.

We can help you find a property in our network, even if not listed in our online inventory. Ask us how!

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