Bloomberg Tax
The Nevada Department of Taxation issued a notice providing guidance regarding the Wholesale Marijuana Tax (WMT) for cannabis transactions occurring on Tribal lands. The notice clarifies that if the first wholesale sale of cannabis takes place on Tribal land, the WMT is owed to the respective Tribe and not to the State of Nevada, and these taxes should be submitted directly to the Tribe in accordance with NRS 223.250. [Nev. Dep’t of Tax’n, Notice to Cannabis Licensees, 10/09/25]
This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.
