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Nevada marijuana biz rakes in $5.5 million in November - Cannabis News

Tax proceeds from Nevada’s marijuana sales exceeded expectations in November, adding to already better-than-average figures from the four previous months of legal recreational pot sales, according to information released Monday.

The industry brought in more than $5.5 million in November, which includes a 15 percent wholesale tax for both medical and recreational pot, and a 10 percent excise tax on recreational weed sales, the Nevada Department of Taxation said.

That’s down from about $5.8 million in October, but up from about $4.7 million in September, $4.8 million in August and $3.6 million in July for a total of about $24.6 million.

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Chris Kudialis ~ LasVegasSun.com ~ 

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