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https://www.apnews.com/da0e89ab69d1...of-Nevada-marijuana-sales-smokes-expectations
RENO, Nev. (AP) — Nevada regulators and industry insiders say the state’s first year of broad marijuana legalization has exceeded even their highest expectations, with sales and tax collections already surpassing year-end projections by 25 percent.
Numbers from June are still outstanding but are expected to push taxable sales past $500 million, netting total tax revenue in the neighborhood of $70 million — with about $25 million devoted to schools.
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Cash-strapped states should be watching this closely. Expect more states to follow NV's lead.
RENO, Nev. (AP) — Nevada regulators and industry insiders say the state’s first year of broad marijuana legalization has exceeded even their highest expectations, with sales and tax collections already surpassing year-end projections by 25 percent.
Numbers from June are still outstanding but are expected to push taxable sales past $500 million, netting total tax revenue in the neighborhood of $70 million — with about $25 million devoted to schools.
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Cash-strapped states should be watching this closely. Expect more states to follow NV's lead.