Politics· States Newsroom

Lawmakers mulling cannabis tax revisions

States Newsroom · October 27, 2026

Nevada lawmakers are pondering whether the state’s “maturing” marijuana industry needs to update its tax structure. Revenue from the state’s cannabis excise tax, which flows into the State Education Fund, peaked in 2021 and declined 40% by 2025. The decline is “in part due to price compression attributed to a maturing…

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Lawmakers mulling cannabis tax revisions

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