State tax regulators finalized temporary rules on Monday governing adult use sales. Regulators so far have issued over 80 licenses to business establishments seeking to engage in activities specific to the production, testing, or sale of cannabis to adults.
“Adults in Nevada will now be able to access cannabis in a safe, above ground, regulated environment,” NORML Political Director Justin Strekal said. “To their immense credit, lawmakers expeditiously to implement the will of their voters. Elected officials elsewhere would do well to follow Nevada’s example.”
Adult use sales are anticipated to be limited because of an ongoing legal dispute regarding who may legally transport cannabis to retail stores. Last week, a Carson City judge issued an injunction prohibiting any entity other than liquor distributors from engaging in retail marijuana transport. As a result, retailers will only be able to sell their existing inventory.
“While we applaud Nevada for moving to enact their voter approved legalization initiative in a timely fashion, interested parties must now move quickly and decisively to resolve the pending issues around distribution. If supply remains constrained in the state it will drive up prices and ultimately lead to most retail outlets being entirely out of sellable product for the recreational market.” NORML Executive Director Erik Altieri said. “This will only serve to continue to drive consumers to the black market, the very thing residents voted to demolish, and will deprive the state of needed tax revenue that will instead go to underground operators.”
A majority of voters decided in November in favor of the Regulation and Taxation of Marijuana Act – a voter-initiated regulating the adult use marijuana market. In May, state regulated decided in favor of expediting the timeline for retail marijuana sales from January 1, 2018 to July 1, 2017.
Seven additional states — Alaska, California, Colorado, Maine, Massachusetts, Oregon, and Washington — no longer impose criminal penalties with regard to the adult possession or use of cannabis.
Businesses in the state still do not have protections from the Justice Department, led by militant prohibitionist Attorney General Jeff Sessions, who recently stated marijuana is “only slightly less awful” than heroin.
You can click here to easily send a message to your federal lawmakers in support of pending legislation, HR 1227: The Ending Federal Marijuana Prohibition Act by clicking HERE.