Newsbrief: Nevada weighs changes to pot tax
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Nevada lawmakers are considering whether to raise the state's cannabis tax following a sharp decline in pot tax revenue since 2021. Revenue, which supports the state's education fund has declined 40% since its peak in 2021.
Raising the tax would reflect that product prices have fallen up to 50%, since 2019, the Nevada Current reports. This price compression reflects trends including "market maturation, increased competition . . .
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