Agenda Glitch Could Delay Nevada’s July 1 Cannabis Start One Point Of Contention Is How Nevada’s Adult-use Law Will Integrate With The State’s Medical Marijuana Program.

(Scott Sonner/AP) Today’s the deadline to apply for a license to operate a Nevada cannabis business, and the applications are streaming in. Already the state Green Rush Department of Taxation has received more than 143 license applications, according to the Las Vegas Sun . Deonne Contine, the director of the Department of Taxation, told the Las Vegas Sun that “most, if not all” of the adult-use license applications received so far have come from entities already licensed through Nevada’s medical marijuana program. The applications represent not only retailers, but also wholesalers, growers, processors, and others, Contine added. The department wants to issue licenses by July 1 so the state’s cannabis market can launch on schedule. Though some Nevada lawmakers would like to begin early sales on July 1, bills remain in the Legislature that would address certain tax issues and set additional regulations. Agenda Glitch Could Delay Nevada’s July 1 Cannabis Start One point of contention is how Nevada’s adult-use law will integrate with the state’s medical marijuana program. On Tuesday, the Assembly Ways and Means Committee heard testimony in favor of keeping the medical program separate from the adult-use market. Currently, the programs are set to merge under the Department of Taxation. Keeping the medical program strong and patient-focused has been a main concern of many in the state, especially given frustration by patients in Oregon, Washington, and Colorado who have seen price increases and product shortages in their medical marijuana programs since adult-use implementation . Others have expressed concerns that the state’s launch of an adult-use market could invite a crackdown from the Trump administration that could threaten state’s medical program.

To read more visit https://www.leafly.com/news/industry/nevada-cannabis-license-applications-stream-deadline-approaches

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