Legal marijuana sales exceeded $1 billion in Nevada over the last year.
LAS VEGAS, Nev. (KOLO) - The Nevada Dispensary Association reports that the legal cannabis industry exceeded $1 billion for the fiscal year that ended June 30, 2021.
The annual total was up more than $300 million from the 2020 fiscal year sales, which totaled $684 million.
Taxes paid on the legal marijuana sales totaled $159 million, which went into Nevada’s Distributed School Account which funds K-12 education.
Nevada is one of 19 states that has legalized recreational cannabis.
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