FACT BRIEFDoes Nevada marijuana tax revenue go to schools?
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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Sources
- Guinn Center for Policy Priorities Cannabis Taxes in Nevada: An Explainer
- Nevada Legislature SB500 of the 2025 session
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