Nev. Admin. Code § 453D.045 - "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 marijuana in the wholesale market.

Notes

Nev. Admin. Code § 453D.045
Added to NAC by Dep't of Taxation by R092-17, eff. 2-27-2018

NRS 453D.200

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