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Cannabis News Box

Cannabis News Box

Cannabis News Box

Nevada's social cannabis sales for September higher than state's projections

Nevada’s social cannabis sales for September higher than state’s projections

Sara Tiradossi November 22, 2017

Nevada’s social cannabis market keeps increasing through the third month of full sales, according to new data released by the Nevada Department of Taxation. The state’s dispensaries sold approximately...

Nevada's cannabis sales reach $33 million in August

Nevada’s cannabis sales reach $33 million in August

Sara Tiradossi October 24, 2017

Nevada’s dispensaries sold more than $33 million in social cannabis products in August, according to data disclosed during the Denver Marijuana Management Symposium last Friday. The August total sales...

First month of social sales in Nevada breaks records, sales projected to raise $120 million in tax revenue

First month of social sales in Nevada breaks records, sales projected to raise $120 million in tax revenue

Logan Lowrey-Rasmussen October 2, 2017

According to a report from the Nevada Department of Taxation, social cannabis generated $27.1 million in July, its first month of sales.  The sales were nearly double how much both Colorado and...

Social cannabis sales in Nevada slow due to lack of distributors

Social cannabis sales in Nevada slow due to lack of distributors

Logan Lowrey-Rasmussen August 21, 2017

Sales from Nevada’s social cannabis program had dropped 20 to 30 percent since it launched in July, according to a report from the Nevada Department of Taxation. A shortage of cannabis distributors...

Expanded cannabis distribution rights approved in Nevada

Expanded cannabis distribution rights approved in Nevada

August 11, 2017

The Nevada Department of Taxation decided there are an inadequate number of liquor distributors interested in transporting cannabis to retail establishments, opening the business up to others who may be...

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