By 420 Intel on Friday, 01 April 2022
Category: Business & Finance

Pandemic accelerated marijuana sales but slowed alcohol purchases

Nevada’s alcohol tax collections dropped during the pandemic, though tax officials attributed that more to a lack of wholesale purchases from casinos or bars than from any surge in teetotalers. 

Even with the COVID pandemic waning, state tax officials told legislators this month that Nevadans have made what appear to be some permanent shifts in how they buy legal marijuana through pick-up and delivery modes. Understanding changes in consumer behavior is key for legislators and tax officials, who use the information to make tax revenue projections while crafting state budgets.

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