Nevada Approves Early Start Program for Retail Marijuana Sales

May 09, 2017 , , , , , ,

Today, the Nevada Tax Commission adopted temporary regulations proposed by the Department of Taxation allowing the state to issue recreational marijuana licenses by July 1, 2017. The ballot measure requires the state to initiate sales by January 1, 2018, but this “early start” program will allow businesses to open six months sooner.

Only medical marijuana establishments that are already in operation can apply to function as recreational retailers during the early start period. The establishments must be in good standing and must pay a one-time, nonrefundable application fee as well as a specific licensing fee. The establishment must also provide written confirmation of compliance with their municipality’s zoning and location requirements.

The tax department plans to accept applications from May 15 to May 31 of this year, and a second application period is anticipated later in the year. The incentive for the early start program stems from Gov. Brian Sandoval’s proposed budget request, which includes $70 million from recreational marijuana taxes over two years to support education.

Now, the focus shifts to local governments given that marijuana companies need both a state and local license to operate.

One response to “Nevada Approves Early Start Program for Retail Marijuana Sales”

  1. Who decided to write in the alcohol distributors & why? It looked like they were going to blow it off & then—- $$$$. Now the Nevada initiative may be in jeopardy & could entangle recreational nationwide giving all the naysayers a big laugh. Fear & lies beat us in Arizona along with big dollars. The Law & initiative as written in NV may do it too.
    Yeah I said nationwide, there are some serious implications under Federal Statute re the ATFE & DEA getting involved under supremacy clause, forgetting States rights when it suits them & a sympathetic Judge. Please someone reassure me factually that I’m just, you know—Paranoid! 75 yrs old in the fight since the 60’s.

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