The Nevada Tax Department is taking steps to address issues with state-licensed cannabis testing facilities. According to the Las Vegas Review-Journal, four of the the state’s nine licensed cannabis testing facilities have been suspended in the last five months.
Tag Archives: Las Vegas Review Journal
Tax revenue from Nevada’s fledgling marijuana industry continues to climb. On Dec. 20, 2017, the Nevada Department of Taxation reported that marijuana sales brought in approximately $5.8 million in tax revenue in the month of October.
It looks like Nevada cannabis sales are still ranking high for the recreational market. The Nevada Department of Taxation released the state’s results for recreational cannabis sales for the month of September, and the data proves that sales are still going strong.
While supply shortages may have hampered Nevada recreational marijuana sales when the second month of sales commenced on Aug. 1, 2017, the industry was able to rebound and close out the month of August with more than $33 million in sales.
On Oct. 3, 2017, the Nevada Supreme Court heard oral arguments regarding a dispute over the distribution rights of recreational marijuana in the state of Nevada. The case is the culmination of months of back and forth between the state’s Department of Taxation and the Independent Alcohol Distributors of Nevada.
The ongoing drama over who can distribute recreational marijuana in the state of Nevada is now heading before the Nevada Supreme Court.
In Nevada, state health officials are gearing up to launch a public information campaign to dissuade expectant mothers from using marijuana during pregnancy.
On Aug. 29, 20017, the Nevada Tax Commission rejected an appeal from the state’s alcohol distributors to restore its exclusive rights to recreational cannabis distribution.
On Aug. 17, 2017, Nevada District Judge James Todd Russell lifted a temporary restraining order against the Nevada Department of Taxation that prevented the department from issuing recreational marijuana distribution licenses to businesses other than licensed alcohol distributors.
On Aug. 10, 2017, the Nevada Department of Taxation determined that there is an insufficient number of alcohol distributors applying for recreational marijuana distribution licenses, paving the way for other players within the marijuana industry to participate.
A Nevada judge has denied a request by the Independent Alcohol Distributors of Nevada to block emergency regulations allowing the state to temporarily issue recreational marijuana distribution licenses.
The early sale of recreational marijuana in the state of Nevada is in danger of being delayed. On May 30, 2017, a Nevada district court judge issued a temporary restraining order that prevents the Department of Taxation from issuing marijuana distribution licenses.
The Nevada Attorney General’s Office has found that the Nevada Tax Commission did not violate the state’s open meeting laws when it failed to mention marijuana in an agenda for a meeting on May 8, 2017.
On Oct. 26, 2016, the Las Vegas Review-Journal announced the results of its latest state legalization poll, with support for recreational legalization garnering a slight lead over the opposition.
A casino magnate has given $500,000 to fight legalization in Arizona. Citing campaign-finance records, New Times of Phoenix reported Arizonans for Responsible Drug Policy, an anti-legalization group, received the donation from billionaire Sheldon Adelson, CEO and founder of the Las Vegas Sands Corp.
The Nevada PAC behind legalization of recreational marijuana has reserved $800,000 in advertising at Las Vegas TV stations. The Coalition to Regulate Marijuana Like Alcohol wants to spread their message prior to November voting.
A conservative billionaire has succeeded in pressuring an influential Nevada newspaper to reverse its longtime support for legalizing marijuana — by buying it and then sending its editorial writers to visit a drug treatment facility.
By Richard Farrell Clark County in southern Nevada had just over two million residents in 2011, making it the most populous part of the state. It counts Las Vegas, where most things go easy, as one of the jewels in its crown. Attractions for greener visitors include towering mountains, and deserts with an eclectic range…