Nevada marijuana sales down in January, still ahead of projections

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LAS VEGAS Recreational marijuana sales hit $32.8 million in Nevada in January, outpacing the states projections but falling short of the $35.8 million sold in December.

The state published the most recent statistics last week. Sales numbers for the states new green market have fluctuated each month since it opened in July, going up one month and down another, the Las Vegas Review-Journal reported.

Its a good spot to be in, but its not growing like I thought it would, said Democratic State Sen. Tick Segerblom, who pushed for pot legalization.
But while sales have been up and down, each month has been well over the states projections.

January followed that trend, with sales coming in more than $8 million higher than the $24 million projected for the month in the states two-year budget.

The states budget projected $63.5 million in revenue from the retail tax on weed in the first two years of sales. Retail consumers pay a 10 percent excise tax on recreational marijuana. The money goes ...

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