Nevada Regulators Will Consider Emergency Pot Distribution Rules

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Nevada Regulators Will Consider Emergency Pot Distribution Rules

The Nevada Tax Commission will vote on the regulation on Thursday.

They sold so much weed since July 1st, they have already run out in some of their dispensaries!

The current situation is the result of the decision by state legislators to provide liquor distributors with exclusive rights to transport cannabis products to retail shops for the first 18 months following legalization.

Nevada pot dispensaries licensed to sell recreational marijuana are running out days after recreational use was legalized.

Dispensaries in the state celebrated the change by opening their stores at midnight the day the sales became legal, expecting large crowds in the stores and even setting off fireworks.

According to CNN Money, Al Fasano of ReLeaf, a medical dispensary in Las Vegas, said he saw seven or eight times more business than usual this weekend, with many customers being tourists from out of state (medical marijuana has been legal in Nevada since 2001).

Their industry group, the Independent Alcohol Distributors of Nevada, sued the tax department to block other businesses from participating.

Governor Brian Sandoval has issued a state of emergency (although we should point out that this doesn't mean military helicopters shovelling out bales of the stuff). The market for marijuana is now operating under emergency regulations issued July 6 after booze distributors went to court to protect a temporary, legally guaranteed monopoly on recreational marijuana sales guaranteed them by last year's ballot measure. Its voters legalized recreational marijuana use in November and come next January 1 you will be legally allowed to buy marijuana in cities where it's allowed.

Marijuana business in Colorado is so successful that it is a billion dollar industry there.

If left unfixed, Stephanie Klapstein, a spokesperson for the Department of Taxation, says the halt in marijuana sales will also lead to "a hole in the state's school budget".

As of Friday, the Department of Taxation had issued zero distribution licenses to alcohol wholesalers, because of incomplete applications and zoning issues, the Reno Gazette-Journal reported. "Unless the issue with distributor licensing is resolved quickly", Sandoval said, "the inability to deliver product to the retail stores will result in many of these employees losing their jobs and will cause this nascent industry to grind to a halt".

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