We’re so excited about this news! Legal adult marijuana sales will begin in Nevada today, July 1st, making it the fifth state in the nation to establish a regulated recreational marijuana market for adults.
According to the Marijuana Policy Project, “Beginning at 12:01 a.m. PST, adults 21 and older with a valid ID will be able to purchase up to one ounce of marijuana or one-eighth of an ounce of marijuana-infused edibles or concentrates from licensed marijuana retail outlets. Retail marijuana sales will be subject to a 10 percent sales tax, which state officials estimate will generate more than $60 million in the first two years.”
Nevada is one of eight states that have enacted laws to legalize, regulate, and tax marijuana for adult use. Regulated adult marijuana sales are currently taking place in Alaska, Colorado, Oregon, and Washington, and they are expected to commence next year in California, Maine, and Massachusetts. A petition drive to place a similar proposal on the November 2018 ballot is currently underway in Michigan.
Congrats, Nevada for joining #StonerNation!