Tax Collections on Legal Marijuana Continue to Beat Expectations

Taxes from legal marijuana sales in Nevada jumped past official projections for the first year in 10 months, according to new figures released by the Nevada Department of Taxation. $6.55 million in state marijuana tax was raised in April, putting Nevada at $55.53 million in total tax collections since legal sales began last July 1st. That above the 12-month projection of $50.3 million through July 1, 2018.