Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Marijuana Sales Above State Projections

According to figures released Monday by the Nevada Department of Taxation, marijuana sales are well above the state’s projections.

The department says dispensaries sold $33.4 million in product. That’s brought in more than $5 million in taxes for November.

While that’s down from October – which saw $38 million in sales -- November’s totals were still $11 million more than the state projected for the month.

Sponsor Message

In the first five months of marijuana sales in Nevada, the 10 percent retail excise tax brought in nearly $16 million, which goes into the state’s rainy day fund.