Nevada recreational marijuana sales continue to outpace projections

CARSON CITY, Nev. — Three months after they became legal, sales of recreational marijuana in Nevada are continuing to outpace projections.

The Nevada Department of Taxation says the $ 27.7 million in sales reported for September was down from the $ 33 million reported in August, but $ 5 million more than the state had anticipated.

The first full month of legal sales in July totaled $ 27 million.

The department said in a monthly report this week that September sales generated more than $ 4.7 million in state taxes consistent with the state projections for the month.

Tax revenue for the three months has totaled $ 12.5 million and is on track to meet state budget projections anticipating roughly $ 50 million to be generated over a 12-month period.

The Cannabist

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