Cannabis Tax Rates in Nevada

Nevada (NV)Recreational & Medical

This state has legalized both recreational and medical cannabis.

Tax Rate Breakdown

State Excise Tax
10%
on cannabis sales
State Sales Tax
4.6% state + local
additional
Max Effective Rate
~25%
combined max rate
Local Taxes AllowedYes
Medical Tax RateSame taxes apply
Annual Revenue (2024)$150M
Tax Structure10% retail excise tax plus 15% wholesale excise tax plus state and local sales taxes.

Overview

Nevada taxes cannabis at both the wholesale and retail levels. A 15% wholesale excise tax is levied on the fair market value of cannabis transferred from cultivators to distributors or retailers. An additional 10% retail excise tax is charged at the point of sale. State sales tax (4.6%) and local sales taxes also apply, bringing the total consumer-facing rate to approximately 25% in most areas. Unlike many states, Nevada does not provide a tax break for medical cannabis patients — medical purchases face the same tax structure as recreational.

Key Facts

Frequently Asked Questions

What is the total cannabis tax in Nevada?+
Consumers pay a 10% retail excise tax plus state and local sales taxes (approximately 8-8.5%), for a consumer-facing rate of about 18-19%. The additional 15% wholesale tax is embedded in product pricing.
Do medical patients get a tax break in Nevada?+
No. Nevada applies the same tax structure to both medical and recreational cannabis purchases.
How much cannabis tax revenue does Nevada collect?+
Nevada collects approximately $150 million annually in cannabis tax revenue, with a significant portion driven by tourism in Las Vegas.

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Disclaimer: The information on this page is provided for educational and informational purposes only and does not constitute tax or legal advice. Cannabis remains illegal under US federal law. Nevada tax rates and regulations are subject to change and may vary by local jurisdiction. Tax rates, revenue figures, and program details described here are based on publicly available information and may not reflect the most current regulations. Always verify current tax rates with official Nevada state tax authorities and consult with a qualified tax professional. Cannabismarketcap does not guarantee the accuracy or completeness of any information presented.