The Nevada Dispensary Association released new data on Friday, detailing the economic impact for the first year of recreational marijuana sales.

According to the NDA, marijuana brought in $529 million in taxes, just in its first year. An additional $69 million came in from excise tax, which allows dispensaries to operate.

Watch – Marijuana expected to bring $8B to NV economy

The NDA also projected the growth to increase from there, projecting during 2018-2024 for the economic total to be about $8 billion from the industry.

It is clear the the industry is making money, but many community members have asked why they have not seen the bulk of the money going towards schools.

That’s not the only change Segerblom said he wants to see. He said there needs to be a clear way for tourists to legally partake in Nevada’s pot industry.

Original Article – Fox5 Vegas