Nevada Revised Statutes Title 32. Revenue and Taxation § 372A.290. Imposition and amount of tax on wholesale sales and retail sales; distribution of revenue collected; manner of payment of costs of Cannabis Compliance Board and local governments from revenue collected; regulations; certain retail sales exempt

(a) The fair market value at wholesale of the cannabis, if the sale is made to an affiliate of the medical cannabis cultivation facility; or

(b) The sales price of the cannabis, if the sale is made to a cannabis establishment that is not an affiliate of the medical cannabis cultivation facility.

(a) The fair market value at wholesale of the cannabis, if the sale is made to an affiliate of the adult-use cannabis cultivation facility; or

(b) The sales price of the cannabis, if the sale is made to a cannabis establishment that is not an affiliate of the adult-use cannabis cultivation facility.

(a) Is the obligation of the seller of the cannabis or cannabis product but may be recovered from the purchaser.

(b) Is separate from and in addition to any general state and local sales and use taxes that apply to retail sales of tangible personal property.

(a) To the Cannabis Compliance Board and to local governments in an amount determined to be necessary by the Board to pay the costs of the Board and local governments in carrying out the provisions of chapter 678C of NRS; and

(b) If any money remains after the revenues are distributed pursuant to paragraph (a), to the State Treasurer to be deposited to the credit of the State Education Fund.

(a) To the Cannabis Compliance Board and to local governments in an amount determined to be necessary by the Board to pay the costs of the Board and local governments in carrying out the provisions of chapter 678D of NRS; and

(b) If any money remains after the revenues are distributed pursuant to paragraph (a), to the State Treasurer to be deposited to the credit of the State Education Fund.

(a) “Adult-use cannabis cultivation facility” has the meaning ascribed to it in NRS 678A.025.

(b) “Affiliate” means a person who, directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control with, a specified person.

(c) “Cannabis product” has the meaning ascribed to it in NRS 678A.120.

(d) “Letter of approval” has the meaning ascribed to it in NRS 678C.070.

(e) “Local government” has the meaning ascribed to it in NRS 360.640.

(f) “Medical cannabis cultivation facility” has the meaning ascribed to it in NRS 678A.170.

(g) “Medical cannabis establishment” has the meaning ascribed to it in NRS 678A.180.

(h) “Medical cannabis product has the meaning ascribed to it in NRS 678A.200.

(i) “Medical use of cannabis has the meaning ascribed to it in NRS 678A.215.

(j) “Registry identification card has the meaning ascribed to it in NRS 678C.080.

(k) “Wholesale sale” means the first sale or transfer of cannabis by a cannabis cultivation facility to another cannabis establishment. The term does not include a transfer of cannabis by a cannabis cultivation facility to another cannabis cultivation facility when both cannabis cultivation facilities share identical ownership.