Benchmarking
Market ComparisonOct 2026
Montana's 7.3% year-over-year sales gain outpaces many western peers that have slipped into flat or declining territory, though its two-year growth of 4.9% signals a market that expanded quickly after adult-use launch and has since moderated. With 418 dispensaries spread across a state of just over one million people, Montana carries one of the higher dispensary-per-capita ratios in the region, yet rising average prices suggest supply and demand remain relatively balanced compared to oversaturated neighbors like Oregon or Colorado.
24-Month Trend
| State | Sales | YoY |
|---|---|---|
| Minnesota | $35-50M | 70.9% |
| Connecticut | $25-35M | 3.8% |
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Benchmarking
Market ComparisonOct 2026
Montana's 7.3% year-over-year sales gain outpaces many western peers that have slipped into flat or declining territory, though its two-year growth of 4.9% signals a market that expanded quickly after adult-use launch and has since moderated. With 418 dispensaries spread across a state of just over one million people, Montana carries one of the higher dispensary-per-capita ratios in the region, yet rising average prices suggest supply and demand remain relatively balanced compared to oversaturated neighbors like Oregon or Colorado.
24-Month Trend
| State | Sales | YoY |
|---|---|---|
| Louisiana | $35-50M | +59.9% |
| Minnesota | $35-50M | +70.9% |
| Montana | $25-35M | +2.2% |
| Connecticut | $25-35M | +3.8% |
| Arkansas | $25-35M | +0.2% |
