Supporters Tout Benefits Of Legalizing Marijuana In Nevada
Legalizing Marijuana In Nevada
LAS VEGAS (AP) — A group that wants to legalize recreational marijuana in Nevada says the state could gain thousands of jobs by doing so.
Supporters of a measure that will appear on that ballot in November released an economic analysis this week that shows a recreational marijuana industry could support about 3,300 direct jobs once it’s in full swing in 2024.
The analysis by Las Vegas-based RCG Economics also shows the industry could yield $464 million in tax revenue for the state over a seven-year period.
Report authors say tourists would account for roughly half of the recreational marijuana sales.
Nevada has allowed medical marijuana for more than a decade, but the ballot measure would allow adults to buy the substance even if they don’t have a prescription.