Montana’s Crow Tribe Approves Adult-Use Cannabis Rules
Marijuana Stocks, Finance, & InvestingUncategorized April 26, 2021 MJ Shareholders
The Montana-based Crow Tribe last week approved an ordinance to oversee its own cannabis cultivation and sales, and allow the tribe to benefit from the proceeds, the Associated Press reports. The ordinance – approved on April 16 – will allow the tribal government to sell cannabis products and sets the sales tax at 7%.
Crow Tribe Chairman Frank White Clay told the Billings Gazette that while “coal was the name of the game for the tribe for a while,” the tribe is diversifying its economy “for good business.”
“We’ve had medical marijuana for quite some time, and the Crow Tribe is not isolated … The reservation itself is more accepting (of it), and we’re just moving with the times.” – Clay to the AP
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