Share
CARSON CITY, Nev. — Tax collections on recreational marijuana sales in Nevada have exceeded projections for the entire fiscal year in just the first 10 months since they became legal last July.
Nevada Department of Taxation Director Bill Anderson says the $6.5 million in pot tax revenues in April slipped a bit from the monthly high of $7 million in March.
Recreational, Medical Pot Tax Collections Hit $55.5 Million
But the combined revenues from medical and recreational marijuana are now at 110 percent of what was projected for all of fiscal 2018 — a total of $55.5 million so far. Overall sales have reached $433.5 million.
Anderson says taxable revenue from marijuana-related sales is growing about 17 percent faster than total sales tax collections.
Sales of taxable products and services statewide are up $1.96 billion over the 10 months, while marijuana-related sales have increased $338 million.
Tatum to Miss Remainder of Playoffs After Achilles Tendon Surgery
14 hours ago
Fresno Police Seek Public’s Help Identifying Shooting Suspect
14 hours ago
MLB Reinstates Pete Rose and Shoeless Joe Jackson, Making Them Hall of Fame Eligible
14 hours ago
Global Eggs Completes Acquisition in US, Closes New Deal in Europe
17 hours ago
‘I Never Said He Called My Son the N-Word.’ Fresno Unified Trustee Thomas Tries to Erase Accusation Against Former Bullard Coach
18 hours ago
Fresno Unified Substitute Teacher Arrested in Online Child Exploitation Case
10 hours ago
Categories

Fresno Unified Substitute Teacher Arrested in Online Child Exploitation Case

Investors Buy Fig Garden Village. How Much Did It Sell For?

Fresno County DA Wants Teens Tried as Adults in Caleb Quick Murder

Tatum to Miss Remainder of Playoffs After Achilles Tendon Surgery

Fresno Police Seek Public’s Help Identifying Shooting Suspect
