Nevada Marijuana Tax Revenue 2024

What is the Tax Rate for Marijuana in Nevada?

A 10% retail excise tax is applied to the sale price of cannabis products sold for adult use. This tax does not apply to sales made to patient cardholders.

Nevada Cannabis Industry Taxes

The data shows the amount of sales and use tax generated by marijuana businesses in Nevada.

Fiscal Year Adult Use Cannabis Tax
2022-23 $80,106,892
2021-22 $89,314,456
2020-21 $92,138,285
2019-20 $60,410,272
2018-19 $55,184,916
2017-18 $42,489,201
Total $419,644,022

Last Updated: June 25, 2024

Source: State of Nevada Department of Taxation