Nevada is Breaking Cannabis Sales Records, Including $30 Million in Taxes for the State

The state is becoming an example for future legalization programs.

March 12, 2018

Nevada’s recreational marijuana market is blooming ahead of expectations with retailers there selling close to $200M of cannabis between July and December of 2017. That’s significantly quicker growth than Washington state and Colorado, which sold $67M and $114M respectively in their first six months of legal adult use cannabis sales.

The state of Nevada has collected more than $30M in taxes from the market in its first six months.

Read more