Nevada’s recreational marijuana continued its strong start through the third full month of sales, data released Monday by the Nevada Department of Taxation show.
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More and more states have dipped their toes into legal marijuana, but don’t expect lawmakers in Washington D.C. to make progress on the issue anytime soon.
Nevada dispensaries sold more than $33 million in recreational marijuana and the state pulled in nearly $5 million in total taxes in August, according to numbers released by the Nevada Department of Taxation Monday.
In oral arguments Tuesday before the high court, representatives from the Nevada Department of Taxation and IADON continued their monthslong dispute over who should be allowed to distribute marijuana and restock pot shops in the Silver State.
An opinion from the Legislative Council Bureau released Monday said no state law prohibits local governments from permitting for marijuana consumption in businesses.
The Nevada Tax Commission on Tuesday dealt another blow to liquor distributors hoping to hold a monopoly on distributing retail marijuana throughout the state.
A district judge on Friday temporarily halted any effort by the Department of Taxation to license additional distributors of recreational marijuana other than liquor wholesalers.
Opponents of recreational marijuana say Nevada will be hit with “very serious unintended consequences” if the state does not tighten its regulations of the legal cannabis market.
A legal challenge by alcohol distributors over who could transport recreational marijuana between cultivation facilities and dispensaries looked as though it might push back the state’s goal of rolling out marijuana sales on July 1.
The Nevada Attorney General’s office found that a Nevada Tax Commission meeting this month did not violate the state’s open meeting laws by excluding specific references to marijuana.
Nevada is a vote and a signature away from becoming the first state in the nation to regulate and allow public marijuana use, but Nevada Gov. Brian Sandoval appears wary of signing the bill should it hit his desk.
State task force on pot and County Commission are both scheduled to hear proposals for possible home delivery of cannabis products.
Two bills proposing differing methods for how Nevada should spend recreational marijuana tax revenue were heard Thursday by the Senate Revenue and Economic Development Committee.
With recreational cannabis sales expected this year, one Nevada lawmaker wants to ensure the survival of the state’s medical marijuana program.
There appears to be little appetite to shield the identities of the people who want to cash in on Nevada’s sprouting marijuana industry.
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