Nev. Admin. Code § 372A.115

Current through September 16, 2024
Section 372A.115 - "Fair market value" defined

"Fair market value" means the value established by the Department based on the price that a buyer would pay to a seller in an arm's length transaction for cannabis in the wholesale market.

Nev. Admin. Code § 372A.115

Added to NAC by Tax Comm'n by R108-20A, eff. 4/11/2022
NRS 360.090, 372A.050, 678B.640