Please ensure Javascript is enabled for purposes of website accessibility
Up in Nevada, Folks Really Love Their Cannabis
Bill McEwen updated website photo 2024
By Bill McEwen, News Director
Published 7 years ago on
June 29, 2018

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.

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Former Student Charged With Attempted Murder in Knife Attack at Porterville’s Monache High

DON'T MISS

Fresno Police Arrest Felon on Probation After Finding Concealed Gun

DON'T MISS

What Does It Mean for Biden’s Prostate Cancer to Be ‘Aggressive’? A Urologic Surgeon Explains

DON'T MISS

Wired Wednesday: As Gold Hits Record High, People Cash In

DON'T MISS

Netanyahu Says Israel Probably Killed Hamas Leader Mohammed Sinwar

DON'T MISS

California Cop Was Partying at Festival While Collecting $600,000 for Fake Injury

DON'T MISS

Attorney: Fresno Unified Needs to Find ‘Nearest Exit’ in Defamation Lawsuit

DON'T MISS

Trump Presses False ‘Genocide’ Narrative in Tense Meeting With South African Leader

DON'T MISS

Here’s What to Expect at the Army’s 250th Anniversary Parade on Trump’s Birthday

DON'T MISS

Fresno EOC Spending Depleted $8 Million Reserve. Agency Needed $5 Million Loan to Survive

UP NEXT

California Cop Was Partying at Festival While Collecting $600,000 for Fake Injury

UP NEXT

This Is What’s Inside Trump’s ‘Beautiful’ Spending Package

UP NEXT

US Army to Change Transgender Soldiers’ Records to Birth Sex

UP NEXT

George Wendt, Who Played a Beloved Barfly on ‘Cheers,’ Dies at 76

UP NEXT

GV Wire Takes Home 14 California News Reporting Awards

UP NEXT

Bubic’s 7 Shutout Innings and Pasquantino’s Homer Lift the Royals Over the Giants

UP NEXT

CBS News President McMahon to Step Down, Memo Shows

UP NEXT

Police and Firefighters Respond to an Explosion Rocking the California City of Palm Springs

UP NEXT

Israel Launches a New Military Operation in Gaza a Day After Trump Leaves the Middle East

UP NEXT

Kristen Stewart Was Always Ready to Direct

Bill McEwen,
News Director
Bill McEwen is news director and columnist for GV Wire. He joined GV Wire in August 2017 after 37 years at The Fresno Bee. With The Bee, he served as Opinion Editor, City Hall reporter, Metro columnist, sports columnist and sports editor through the years. His work has been frequently honored by the California Newspapers Publishers Association, including authoring first-place editorials in 2015 and 2016. Bill and his wife, Karen, are proud parents of two adult sons, and they have two grandsons. You can contact Bill at 559-492-4031 or at Send an Email

Kid Cudi Says His Car Was Set on Fire Weeks After Sean Combs Broke into His Home

43 minutes ago

Israeli Politician’s Criticism of Gaza War Toll on Palestinians Sparks Outcry

1 hour ago

CA State Senator Cited for Suspicion of Impaired Driving, Says She Wasn’t Intoxicated

2 hours ago

Kim Kardashian Dons a Graduation Cap and Marches Closer to Becoming a Lawyer

2 hours ago

Multiple People on Private Plane That Crashed Into San Diego Neighborhood Are Dead

2 hours ago

2 Israeli Embassy Staffers Killed in Shooting Near DC Jewish Museum

2 hours ago

Senate Votes to Block California’s Rule Banning the Sale of New Gas-Powered Cars by 2035

2 hours ago

Split US Supreme Court Blocks Taxpayer-Funded Religious Charter School

2 hours ago

Colts Owner Jim Irsay Remembered for Love of Football, Commitment to Music, Animal Welfare

3 hours ago

Thunder’s Gilgeous-Alexander Wins First NBA MVP Award

3 hours ago

Average Rate on a US 30-Year Mortgage Rises to 6.86%, Its Highest Level Since Mid-February

The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for home shoppers th...

5 minutes ago

5 minutes ago

Average Rate on a US 30-Year Mortgage Rises to 6.86%, Its Highest Level Since Mid-February

28 minutes ago

Stocks Drift as Worries About the US Government’s Soaring Debt Continue to Weigh

35 minutes ago

Institute of Peace Reclaims Its Headquarters After Court Win Over Musk’s Cost-Cutting Team

43 minutes ago

Kid Cudi Says His Car Was Set on Fire Weeks After Sean Combs Broke into His Home

Yair Golan Portrait
1 hour ago

Israeli Politician’s Criticism of Gaza War Toll on Palestinians Sparks Outcry

2 hours ago

CA State Senator Cited for Suspicion of Impaired Driving, Says She Wasn’t Intoxicated

2 hours ago

Kim Kardashian Dons a Graduation Cap and Marches Closer to Becoming a Lawyer

2 hours ago

Multiple People on Private Plane That Crashed Into San Diego Neighborhood Are Dead

Help continue the work that gets you the news that matters most.

Search

Send this to a friend