Nevada Brings in Over $27 Million During First Month of Recreational Marijuana

Nevada dispensaries raked in more than $27 million during the first month of recreational marijuana sales, generating more than $3.6 million in taxes, according to figures released Thursday by the Nevada Department of Taxation.

How does that stack up against the other states with legal marijuana?

It’s nearly double. Continue reading “Nevada Brings in Over $27 Million During First Month of Recreational Marijuana”

Nevada Judge Halts Marijuana Distributors License Change

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.

The order sought by the Independent Alcohol Distributors of Nevada was granted by District Judge James Todd Russell after he said the tax agency at a Thursday meeting appeared to have a predetermined outcome in place in support of allowing more than just liquor wholesalers to distribute pot from grow facilities to retail establishments. Continue reading “Nevada Judge Halts Marijuana Distributors License Change”

Tax-Free Marijuana Is Hitting Nevada Thanks to Native Americans

A tribal Cannabis consulting firm in Nevada has helped arrange key compacts with Native American tribes. Tribal Cannabis Consulting (TCC) is a national consulting firm specializing in Native American cannabis policy. It successfully established the first cannabis compacts between the Nevada Governor’s Office and the Ely Shoshone and Yerington Paiute tribes. Continue reading “Tax-Free Marijuana Is Hitting Nevada Thanks to Native Americans”

Politicians Begin to See Campaign Contributions From Nevada’s Marijuana Industry

It’s been less than three years since Nevada lawmakers put in place regulations allowing for the legal growth and sale of medical marijuana, and the budding industry has done more than just widely expand its customer base — it’s also become a player in the world of Nevada campaign finance. Continue reading “Politicians Begin to See Campaign Contributions From Nevada’s Marijuana Industry”

California, Massachusetts and Nevada Legalize Recreational Marijuana as We Still Wait for More Results

On election day, voters in five states were asked to decide whether the recreational use of marijuana should be legalized and so far, three have said yes. Official results have yet to come in for Maine and Arizona. Continue reading “California, Massachusetts and Nevada Legalize Recreational Marijuana as We Still Wait for More Results”