Local NewsMarijuana


Nevada marijuana tax collections top $8M, set new record

Posted at 5:22 PM, Nov 14, 2018
and last updated 2018-11-14 20:22:31-05

New Nevada tax data shows marijuana revenues are continuing to grow and top records in the state.

RELATED: Marijuana tax money for schools, where is it going?

The Nevada Department of Taxation said Wednesday that marijuana tax revenues at the retail and wholesale levels generated $8.1 million in August.

That's a new record and $3.2 million higher than the same month in 2017.

The previous record was $7.9 million in July.

Licensed dispensaries and retail stores reported $48.8 million in sales in August, which includes medical marijuana, adult-use marijuana and marijuana-related goods.