Las Vegas City Council members spent almost 16 hours mulling preliminary land use and licensing entitlements sought by 50 would-be medical marijuana business operators on Tuesday and Wednesday then approved 26 pot dispensaries
Clark County commissioners on Tuesday unanimously approved medical marijuana regulations for the up-and-coming industry, including taxes that get progressively higher as earnings increase.
Las Vegas City Councilman Bob Coffin worries that medical marijuana entrepreneurs might decide to sue of the city after it changed the way it plans to pick winning applicants to open legal pot dispensaries and grow houses.
Preliminary estimates suggest that Nevada’s medical marijuana program could generate as much as $10 million in excise taxes to the state in the upcoming two-year budget.
Medical marijuana patients in much of rural Nevada will have a long drive to get their medicine, based on where applications for dispensaries were filed by groups seeking to enter the business.
They came from near and far Saturday, converging in Las Vegas for a green-tinged celebration of hemp — the first Las Vegas HempFest.
Las Vegas has one more attraction for its 40 million visitors: an annual hemp festival. The event will be held at the Clark County Government Center on Saturday.