NAC 372A.115

“Fair market value” defined.

Year: 2026Length: 33 wordsOfficial source

Cite as Nev. Admin. Code Sec. 372A.115

“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.
NAC 372A.115: “Fair market value” defined. | Justis AI