Nevada Medical Cannabis Business & Marijuana Legal News

Week in Review: West Virginia nears legalization, NV distribution plan & Johns Hopkins exits study

Bart Schaneman  | April 7, 2017

By Omar Sacirbey and Bart Schaneman

West Virginia moves closer to legalizing medical marijuana, Nevada dispensaries get a new adult-use business opportunity, and Johns Hopkins exits a study involving cannabis and post-traumatic stress disorder.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Nevada to accept rec distribution bids from MMJ license holders

Bart Schaneman  | April 4, 2017

Nevada’s Department of Taxation hasn’t received enough interest for the state’s new adult-use marijuana market from liquor wholesalers, so it’s opening the distribution business to existing medical cannabis license holders.

The department will soon begin accepting distribution applications from medical cannabis businesses, according to the Las Vegas Review-Journal, a move that will give MMJ …

Las Vegas cannabis lounge options are taking shape

John Schroyer  | March 28, 2017

Marijuana consumption lounges in Las Vegas are looking more and more as if they’ll become a reality for cannabis entrepreneurs.

At a Clark County marijuana advisory panel meeting Monday, the board “spent most of its first meeting” talking about proposals for such a concept and how cannabis clubs would be regulated, the Las …

Chart: 8 new marijuana markets slated to launch in 2018

Eli McVey  | March 27, 2017

By Eli McVey

Get ready for the next iteration of the green rush.

The marijuana industry is poised to grow by leaps and bounds in 2018, when at least eight of the 11 states that passed significant medical or recreational cannabis measures last year are expected to start sales.

Cannabis public use measures could spur MJ sales, businesses

Bart Schaneman  | March 16, 2017

By Bart Schaneman

From Alaska to Massachusetts, a number of states are weighing measures to allow people to consume cannabis in public places such as clubs and other venues.

Legalizing cannabis clubs and other venues for public consumption could spur MJ sales and create new business opportunities, said industry officials.

Nevada rec marijuana program receives $870K in seed money

Bart Schaneman  | January 30, 2017

Nevada lawmakers approved a seed loan of about $871,000 to kick-start the state’s new recreational marijuana program under the department of taxation.

Nevada’s Interim Finance Committee, composed of lawmakers from both houses of the state legislature, extended the funding, the Reno Gazette-Journal reported.

The taxation department must iron out the details in the legislation …