Lege Trend. Taxing Marijuana. Tax Rates & Revenue Dedication in the Silver State.

Nevada Governor Sandoval (R) signed 3 pieces of legislation taxing marijuana at the following rates:

• As low as $50 for Medical marijuana cards
• 10% excise tax on sales of recreational marijuana
  • Potential annual revenue: $70 million
  • Revenue dedicated to Rainy Day Fund
• 15% wholesale tax on both medical and recreational marijuana

Senate Bill 487, Senate Bill 344 & Assembly Bill 422 Nevada 2017

Governing | 3 Marijuana Regulations Signed, 1 Vetoed in Nevada