Nevada Medical Cannabis Business & Marijuana Legal News

Nevada Medical Cannabis News

New U.S. recreational marijuana markets – one year later

(This is the first installment of a two-part series updating the status of marijuana markets one year after they were approved. Part I: Recreational. Part II: Medical.) The recreational marijuana industry had a big year in 2016, when voters in four states – California, Maine, Massachusetts and Nevada – approved sales of adult-use cannabis. But […]

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Nevada rule extension allows rec cannabis sales to continue

The Nevada Tax Commission has extended the emergency regulations that allow recreational marijuana sales to continue another 120 days. The rules were scheduled to expire Nov. 1. The emergency rules were originally enacted to enable an “early rollout” of the rec program – beginning July 1 – while the legislature finalized regulations for a full adult-use industry. […]

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Marijuana payment firm to put $2.86M raise toward expansion

Marijuana payment service PayQwick, which brands itself as the PayPal of marijuana, has secured a $2.86 million raise. According to a news release, the Calabasas, California-based company plans to use the funding to increase sales and product development as it expands into California, Nevada, Michigan and Alaska. Here’s what you need to know: PayQwick allows […]

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Tribe sues DEA, California county for removal of 26-acre hemp crop

A Native American tribe based in Nevada is suing the U.S. Drug Enforcement Administration over the seizure of a 26-acre hemp crop growing in California. The Winnemucca Indian Colony of Nevada – a federally recognized tribe of Western Shoshone and Northern Paiute Indians in northwestern Nevada – is also suing officials in San Joaquin County, California, where the grow was located, […]

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MedMen seeks $250 million raise for marijuana private equity fund

Marijuana management firm MedMen is aiming to raise $250 million to invest in cannabis businesses in the California, Nevada and New York markets. The fund, called MedMen Opportunity Fund II, is going to specifcially target plant-touching companies, including retailers and growers, Bloomberg reported. The fund will also look particularly at tourist destinations, including Los Angeles, […]

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Hot sauce and glue: Why marijuana and hemp’s intellectual property rights are getting hotter and stickier

By Kristen Nichols

A flurry of marijuana and hemp lawsuits are roiling the cannabis industry’s confusing intellectual property landscape, with trademark and trade-secret fights signaling big changes for the business.

The legal disputes – from Ohio to California – show that long-simmering tensions over intellectual property in the cannabis sector are growing as the industry matures.

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Another trademark marijuana lawsuit – this involving a hot sauce

The maker of Tapatio hot sauce is the latest to sue a marijuana company for alleged trademark infringement.

Tapatio Foods LLC has filed two separate complaints in the U.S. District Court in the Central District of California. The Oct. 13 complaints allege trademark infringement and unfair competition for the illegal use of Tapatio’s brand and trademark to sell “Trapatio,” a THC-infused sauce.

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Nevada tribe launches large Las Vegas cannabis store

The Las Vegas Paiute Tribe has launched what it calls the “largest marijuana store on the planet” in downtown Sin City. The tribe has a medical cannabis dispensary that’s technically located on tribal lands but happens to be just north of the Las Vegas strip, on a 31-acre plot at the corner of Washington Ave. […]

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As marijuana consumption licenses stall, some entrepreneurs see opportunity

By Kristen Nichols More than three months after setting rules for the nation’s first licensed marijuana consumption clubs, Denver has yet to receive any applications. The stalemate has officials in other states and jurisdictions holding off on licensing consumption clubs or lounges until they see how it goes in Colorado’s capital.

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Julian Marley’s JuJu Royal plans to distribute in Canada, Europe

Just days after announcing his line of cannabis products would be distributed in Southern California, reggae musician Julian Marley revealed he’s struck a deal to have his products reach the international MJ market as well. Marley is partnering with Maricann Group – which has a medical cannabis production facility in Ontario, Canada – to produce […]

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Chart: Record first month of recreational marijuana sales in Nevada

By Eli McVey Nevada’s recreational marijuana industry is off to a blistering start, with early sales far surpassing the totals other adult-use markets posted their first few weeks. The development highlights how different approaches to the rollout of recreational marijuana – as well as unique market dynamics – can greatly influence early sales.

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Nevada AG to weigh in on cannabis consumption lounges

Nevada’s marijuana regulators have asked state Attorney General Adam Laxalt for a formal opinion on whether state law allows cannabis use in smoking lounges and at special events. According to the Nevada Appeal, the state’s Department of Taxation made the request in the wake of a Legislative Counsel’s opinion that the voter-approved law allowing recreational […]

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