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Marijuana Can Benefit Millions In Pain
The state reaffirmed on Wednesday it hopes the first retail sales of recreational marijuana will begin on July 1. “That’s our goal,” said Deonne Contine, executive director of the Nevada Department of Taxation. Contine gave the Joint Judiciary Committee of the Legislature an overview of the proposed temporary regulations of recreational marijuana Wednesday night. ADVERTISING The state Tax Commission — which is separate from the tax department — could adopt the temporary regulations when it meets Monday. If adopted, the tax department said it plans to begin accepting applications from May 15 to May 31. Only currently licensed and operating medical marijuana companies are eligible to apply for the licenses, which is a provision set by the ballot measure passed by voters in November. Several speakers expressed concern over that deadline at the meeting, saying their companies have medical marijuana licenses but are slated to open after that deadline, leaving them cut off from the early recreational market.
Goal is for July 1 retail marijuana sales, Nevada official says
Marijuana dispensaries may start selling recreational weed within Nevada as soon as July 1, the state tax board voted Monday, six months earlier than previously expected. While Nevadans voted last November in favor of legalizing marijuana, lawmakers aren’t expected to draft rules governing the state’s recreational weed program until January 2018. With medical marijuana dispensaries already legally operating across the state, however, the Nevada Tax Commission on Monday voted 6-1 in favor of granting temporary retail licenses to currently existing pot shops. Monday’s decision means licensed medical-marijuana dispensaries in Nevada can submit applications to the state Department of Taxation starting May 15 seeking permission to sell their wares to patrons other than patients. Dispensaries deemed to be in good standing with the state are expected to receive the first temporary licenses July 1, at which point they’ll be legally allowed to serve medical and recreational weed customers alike. Temporary retail licenses will expire January 2018, giving the state several months to study the immediate impact of legalizing marijuana before finalizing the framework for its voter-approved recreational weed program. Indeed, politicians have said they expect retail weed will do wonders for Nevada’s coffers, provided of course its recreational pot program gets off the ground without a hitch. Gov. Brian Sandoval said he intends for recreational marijuana to rake in $70 million within its first two years, the likes of which may not be easily achievable unless some pot shops are given a head-start. “If we don’t adopt the regulations, we will not have a temporary program. If we don’t have a temporary program, we will not have the revenue that’s included in the governor’s budget,” Deonne Contine, the director of the state Department of Taxation, told the Las Vegas Review-Journal. Nonetheless, medical dispensaries across the state are hardly guaranteed a business boom as a result of Monday’s vote: marijuana retailers in Nevada require approval from both state and local officials to operate, but not all jurisdictions have given the green-light just yet to recreational marijuana. While Clark County and its largest city, Las Vegas, plan to license pot shops July 1, Henderson — the state’s second most-populous city — previously passed a moratorium barring any pot shops from opening until at least August, the Review-Journal reported. Nevada and three other states voted last November to approve recreational marijuana, bringing the total number of states to legalize weed to nine, including Washington, D.C., notwithstanding weed remaining a Schedule I narcotic, according to the federal government.