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Friday, Jul. 18, 2025

Does Nevada marijuana tax revenue go to schools?

Rocio Hernandez, The Nevada Independent
yes

A 2025 report by the Guinn Center for Policy Priorities found that since 2018, Nevada’s two marijuana taxes have raised nearly $716 million for K-12 education funding. That equals out to roughly $1,500 per student over the past seven years. 

Projected cannabis tax revenue makes up only about 2% of the $12.9 billion budgeted for K-12 education for the next two years.

Researchers say that while cannabis taxes are an important piece of how Nevada funds K-12 education, the revenue they bring in isn’t enough to close the $4,000 gap between the state’s per-pupil funding level and the national average.

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The Nevada Independent is a nonpartisan, nonprofit news and opinion website founded in 2017 by veteran political journalist and commentator Jon Ralston. The site and its supporting channels are focused on ethical, unbiased and transparent journalism. In general, we aim to gather and disseminate important public information and increase civic engagement. We are supported by corporate donations, memberships, event ticket sales and sponsorships and foundation grants. We disclose all our members and donors. Donors have no influence over our content, ever. The Nevada Independent is the dba for Nevada News Bureau, Inc., a 501(c)3 nonprofit founded in 2010 by Elizabeth Thompson, who now serves as one of The Nevada Independent's managing directors and its Editor.

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