From April 2016 to May 2016, the Distributive School Account Portion, which represents 75% of excise tax collections for medical marijuana in Nevada, grew by $26,597.44, from $78,509.68 to $105,107.12.
The Division of Public and Behavioral Health Portion (representing 25% of excise tax collections), grew a healthy $8,865.84 from April 2016 to May 2016. This number represents double the growth from March 2016 to April 2016, which presented growth of $4,092.89.
Total Medical Marijuana Excise Tax growth from April 2016 to May 2016 was $35,463.28 and measured $140, 142.96. In the fiscal year to date through May 2016, medical marijuana’s excise tax has brought $562,396.58 into Nevada.