Nevada: $41 Million in Legal Marijuana Sold in March, New Monthly Record
Legal marijuana sales in Nevada this March were the highest they’ve ever, according to new data released by the state.
The Nevada Department of Taxation says that throughout the state there was over $41 million in marijuana and marijuana products sold legally in March. This easily surpasses the previous monthly record of $35.8 million set in December.
The roughly $41 million in marijuana sold in March resulted in just over $7 million in taxes for the state. This brings the tax total for the past nine months to almost $50 million, just barely shy of the $50.3 that was projected by the state for the full fiscal year.
In Nevada, those 21 and older are allowed to purchase up to an ounce of marijuana, or 1/8th an ounce of marijuana edibles or concentrates, from a licensed marijuana retail outlets. Legal sales officially began on July 1, 2017.