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Local Pot Store in North Las Vegas, Nevada
There are many marijuana dispensaries in North Las Vegas , The LV420 Directory is dedicated to providing professional and knowledgeable information to provide the best experience when shopping for cannabis, concentrates, and edibles. Look forward to local medical & recreational marijuana news and cannabis dispensary & product reviews. Our editorial staff will guide you though the cannabis purchase process through the numerous marijuana stores of North Las Vegas. Find the closest Medical and Recreational marijuana dispensary in North Las Vegas. Map Locator, Dispensary Reviews, & Cannabis Events.
Marijuana Advances of the 21st Century
An early start to recreational marijuana sales in Nevada cleared the final state hurdle Monday, paving the way for the program to roll out in under two months. The Nevada Tax Commission adopted temporary regulations proposed by the Department of Taxation that will allow the state to issue recreational marijuana licenses by July 1. Most of the regulations were copied from the state’s medical marijuana program. Tax department director Deonne Contine stressed the urgency in getting the regulations adopted so the state can meet Gov. Brian Sandoval’s proposed budget request, which includes $70 million from recreational marijuana taxes over two years. ADVERTISING “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,” Contine said. For the marijuana industry, Monday’s decision means lifeblood. “Its great for the state. It’s great for the industry. I think its great for everybody,” said Armen Yemenidjian, owner of Essence Cannabis dispensaries. “This is a display in how Nevada gets things done.” The state’s stamp of approval shifts the focus to local governments. Marijuana companies need both a state and local license to operate. Clark County is scheduled to begin licensing by July 1, and officials for the cities of Las Vegas and North Las Vegas said Monday both municipalities plan to do the same. Henderson could be the outlier, however. The city council implemented a 6-month moratorium on any marijuana licenses in February, meaning recreational sales by the five dispensaries in the city cannot happen until at least August. Potential snag Not everyone was happy with the regulations adopted Monday, and a group that wants exclusive rights on transporting recreational pot from growing facility to retail shops could cause a snag in rolling out the early start. Sam McMullen, representing the Independent Alcohol Distributors of Nevada, said the ballot measure voters approved in November gave currently licensed liquor distributors an 18-month monopoly on marijuana distribution licenses. Contine said “we fundamentally disagree with what Mr. McMullen has said.” The department will accept applications from liquor distributors, medical marijuana companies and medical marijuana distributors. Contine said they decided to open the applications beyond liquor distributors because of the potential conflict with federal licenses. Liquor distributors are licensed federally. And like banks or casinos, choosing to participate in a market that is federally illegal could jeopardize that license, Contine said. McMullen said his clients are aware of the risk, and added that “they’re totally willing to apply.” When the issue first arose in March, McMullen told the tax department his clients were considering taking legal action to protect their exclusivity on the distribution licenses. When reached by phone Monday, McMullen said his clients were considering their options and that he would meet with them within the next day or two. Jamie Munks contributed to this report.
Medical Marijuana FAQs
If HB 10-1284 passes medical marijuana dispensary owners need to take action now by doing some of the following:
Find the capital and invest in your grow operation. This is mandatory with 1284 since you'll be required to grow 70% of your own medicine. This will also improve your profit margins.
Establish your brand identity in the marketplace. If you haven't invested in marketing materials and your internet presence, do it now. The internet takes several months to permeate and the sooner you start the better. If you need help with the internet, send us an email and we can help with reliable referrals.
Start watching your expenses and have budget each month. This may be something you've been able to ignore-until now. Market forces are at work, along with government regulation, which will change the dynamics of the supply and demand curve for the medical marijuana industry.
Implement inventory management controls which will allow you to effectively manage your inventory and product sales. You don't need inventory disappearing or sitting idol. It needs to be sold.
Save your money. You might need the capital for expansion or other opportunities. Dispensaries are unable to secure financing through normal business channels. Therefore, you need to become your own bank.
Create incentive plans for your bud tenders. You need to create your own internal sales culture for your dispensary.
If you need to hire-hire people who know the industry and can help you sell other products. This is normally called "cross selling." You don't need non-productive employees. In addition, 1284 will impact who you can hire because it requires background checks for criminal activity!
Only carry top-shelf products that are high quality. The medical marijuana patient today is seeking quality and consistent delivery of the same type of medicine.
Offer rewards and discount programs for your frequent buyers. Be creative on how you can keep your patients coming back to your dispensary.
Secure your customers by obtaining their permission to market them through the internet via Twitter, Facebook, and newsletters. More dispensaries will be fighting over the same customers.