Las Vegas Sun

April 25, 2024

Nevada pot sales in February continue to outpace projections

Marijuana Dispensary Bus Tour

Steve Marcus

Alyssa Justino helps Michael Brousseau as he shops at Exhale Nevada dispensary during a dispensary bus tour sponsored by the Las Vegas Medical Marijuana Association Friday, April 20, 2018.

State officials say February was another good month for marijuana sales in Nevada.

A Department of Taxation report issued Monday says taxable sales of adult-use marijuana topped $35.3 million for the month, up 9 percent from January but short of the $35.8 million sold in December.

Chief state economist Bill Anderson says February was the third-largest sales month in the eight months since recreational-use sales began last July.

Anderson says taxes on medicinal and recreational marijuana brought in just under $6 million.

Sales have surpassed projections every month, and Anderson says the nearly $42 million in tax revenue from those sales is already nearing the $50.3 million projected for the entire year.

Nevada has 316 certified medical and recreational pot sales outlets in five of the state's 17 counties.

Editor’s note: Brian Greenspun, the CEO, publisher and editor of the Las Vegas Sun, has an ownership interest in Essence Cannabis Dispensary.