The post Nevada Rakes in $3.7M in Taxes from First Month of Pot Sales appeared first on High Times.
During its opening month of recreational marijuana sales, the state of Nevada has already raked in $3.68 million worth of tax revenue, according to state officials.
The figure combines a 15 percent wholesale tax along with a 10 percent retail tax and accounts for all sales made in July, the first month of Nevada’s fiscal year. Recreational cannabis was legalized on July 1st. |