![Marijuana Outdoor Greenhouse](https://img.cannabisbusinesstimes.com/files/base/transpire/all/image/2018/10/cbt.marijuana%20outdoor%20greenhouse.jpg?auto=format%2Ccompress&q=70&w=400)
The marijuana sales numbers are out for
the Silver State, and they're pretty darn impressive.
According to a new report by RCG Economics LLC and The Nevada Dispensary Association (NDA), which represents 90 percent of dispensaries statewide, taxable cannabis sales surpassed $525 million in the period from July 2017 to July 2018. The sales generated total economic benefits of almost $1 billion. The report predicts that recreational marijuana sales should hit compounded sales of $4.9 billion (in 2018 inflation-adjusted dollars) by July of 2024.