What will marijuana reclassification mean financially for Nevada?

In Nevada, the first recreational marijuana dispensaries opened in July 2017. The budding business boomed and now there are 698 operational licenses across the state. However, it hasn't been the financial windfall the cannabis industry was expecting.

[@milwaukeeduke414]

The taxes are too expensive 🫰

[@Mark-qv4bn]

26% recreational tax in Arizona.

[@Ronald-hk6fk]

I use to be a sampling technician & in 2 years about 60% some of those clients had to close. So I can only imagine how many more have had to close

[@Mark-qv4bn]

@Ronald-hk6fk We have 3 dispensaries in my small town. They're building another one a 15-minute walk away from me. Where they get business from, who knows. I live in a retirement community, most of us are old that live here.

[@milwaukeeduke414]

@@Mark-qv4bn you'll be surprised who all smoke the sticky icky... 😂

[@robertallen5422]

The high taxes save lives in Israel.

[@WhyDoTroonsHaveTheSameVoices]

the taxes are an insult. Nevada locked up stoners for decades, now Nevada is hungry for our money. Nope. Pay us what you owe us. Tax-free and subsidize the industry! Cannabis means jobs. Agriculture jobs, manufacturing jobs, transportation jobs! Cannabis means jobs!

[@Mark-qv4bn]

Here in Arizona, we can grow 6 plants per person. It's not hard

[@WhyDoTroonsHaveTheSameVoices]

@@Mark-qv4bn true, but not permitted in Nevada currently

[@MajCyric]

Shroomy Shrooms needs to be next on the path to legalization.. 😋

[@K-Effect]

Opiates

[@megaraw1106]

I’m so high right now 😶‍🌫️

[@robertallen5422]

was that a car door closing outside? you go look first...

[@fruitsalad8572]

if this happens will weed youtubers finally be monetized is the real question

[@franko8572]

Idkkk, I feel like they won’t be for a long time.

[@mybackhurts7020]

In some places it’s half the cost to get it in the black market why would you go to the dispensary and give your ID. A lot of older people are still afraid of giving their name

[@jonmacdonald5345]

The weed sucks in those places why pay top dollar for last years crops!

[@stevenjohnson8736]

Nevada marijuana is just absolutely suck here in California we got the best marijuana and we even grow the best marijuana plant in all of America and that my friend u can take that to the bank……I went to VEGAS last spring and I smoke some of ya marijuana it ain’t as good as California marijuana and plus most of the time ya Nevada people be buyin marijuana from California that’s how hood are marijuana is 😃

[@erickh.4435]

Yes, i've been seeing this for a while. The dispensary i go to stopped selling their 1 gram cartridges. Even when there were no deals on the cartridges, you could still get a cartridge of 1 gram for around $30-$40. They don't sell them anymore and i suspected it was cause of this very reason.

[@iLLSHiNEz]

Bro there are 3 1g carts for $60 deals at my dispensary all the time in Henderson.

[@erickh.4435]

@@iLLSHiNEz what dispensary do you to brother? Please, I'm actually kinda getting tired of getting 800-900mg cartridges. How much do you pay in total when you get those 3 for 60? I ask cause my dispensary charges a fee.

[@iLLSHiNEz]

@@erickh.4435 "The Dispensary" in Henderson and "The Oasis" in Vegas. They have really good deals at both places.

[@davetelekom443]

$30 for just 1 gr? Too much

[@erickh.4435]

@@davetelekom443 I think it's pretty good considering the fact that these cartridges are tested using the scientific method. No idiot on the street is going to be able to provide that kind of service. All these street dealers just say it's good shit or that they got it from California. That's not enough for me to to earn their trust. I need to know exactly what's in my cartridges. I don't like fake cartridges with nasty dog water that has harmful chemicals. Even if it doesn't have all that how can one guarantee what they are saying is true? You can't unless you use the scientific method. So either you're broke or an idiot, no offense.

[@technodrone313]

taxed 10% + 6% sales tax in michigan. the black market is shrinking here. also if you dont want to deal with either you can grow your own.

[@anthonymartinez4307]

How the hell do they think people can profit when you tax the fk out of these people? Just like a street vendor paying 2,112, dollars for a permit. It’s like the only beneficiary is the tax collector.

[@40MileDesertRat]

Once again the Fed kills the golden goose. But do not lament. Your local tax free street corner dealer is always available.

[@stephaniejames4940]

Always

[@TVIcelink]

It's cheaper & better in the streets 💯

[@80srockedguitar]

Its too expensive

[@sweetliquidsnake]

Its legal where im at ive thrown away more than i ever smoked

[@_user888]

159 million is a drop from the previous year being 147 million?? Girl this reporting doesn’t make sense 2:38

[@beefsupreme3712]

Aw the rich people aren’t getting richer fast enough 😒

[@donwest5387]

don't screw it up with taxes like Canada did

[@nogreatreset8506]

The legal cannabis industry in Canada is still making money but taxes could definitely be lowered.

[@phackqu]

And just think... a majority of them taxes go overseas to other countries and wars...

[@tjrez6786]

sales are probably down on everything with this economy we currently have . I bet if you look house sale, auto sale , food sale , clothing sales are all down . Meanwhile you guys are sending 95 billion in tax dollars to aid a foreign war. Makes sense to me

[@Thegrowerofthegreens]

No, a majority of that aid is in the form of military equipment we're sending them. Most of which is well used...

[@dsanford12]

That means it will stink even worse when driving around town

[@jacobmoore7824]

😆😆😆😆😆😆

[@superfunkymunkyman69]

Government 😂😂 alcohol is worse

[@charlesbroderick5030]

Las Vegas, Nevada state education sucks

[@michaelcox7070]

B's BERNER says different front page of Forbes for Cookies 🍪 👽

[@Ronald-hk6fk]

Trash weed and wannabe rapper

[@K-Effect]

Marijuana is lame

[@bethebestyoucanbe66]

Good!

[@Theunsilentmajority]

Where is the money from the tax that was to go to the SCHOOL DISTRICT TO ENHANCE THE EDUCATION OF THE CHILDREN? STOP THE CORRUPTION

[@stevenjohnson8736]

Nevada marijuana is just absolutely suck it will never better than California marijuana here in California we got the best marijuana and we grow the best plant in all of America and that my friend u can take that to the bank 😃