Nevada marijuana sales near $1 billion for year

Nevada’s legal recreational and medical marijuana dealers sold just shy of $1 billion worth of pot in the fiscal year ended June 30.

Those dispensaries reported just over $965 million in taxable sales during the year. That total is a 4 percent decrease from the previous fiscal year when taxable sales totaled more than $1 billion.

Of that, 78 percent or $754.3 million was generated in Clark County. Wahoe County reported $126.8 million in taxable sales, just over 13 percent of the total.

The rest was in Nevada’s rural counties. The remaining 9 percent or $83.8 million was generated in the other 15 Nevada counties including Carson City.

Those taxable sales generated $147 million in revenue that was transferred to the state education fund.