Nevada’s budding recreational marijuana industry posted its highest monthly sales totals yet in October, topping $37.9 million.
The state Department of Taxation on Wednesday released the October figures, the fourth full month of recreational sales.
Recreational and medical marijuana sales brought in a combined $5.8 million in tax revenue to the state in October—about $1 million above August’s revenue, previously the state’s biggest month.
Nearly $3.8 million of the October revenue came from the 10 percent retail tax levied on recreational sales.
“We are pretty on target with projections, maybe a little over,” Nevada Department of Taxation spokeswoman Stephanie Klapstein said.
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