Nevada Alcohol Industry Backs Cannabis Legalization

Alcohol vendors are major players in Nevada, both politically and economically. And now they’re throwing their weight behind the cannabis movement, likely because they see the potential for big profits if efforts to legalize recreational cannabis in the state succeed.

Alcohol firms have contributed $87,500 to the Coalition to Regulate Marijuana Like Alcohol, the primary group behind the legalization campaign, according to the Las Vegas Sun. That represents a sizable portion of the $663,500 the campaign has raised in total thus far.

The liquor industry has a vested interest in seeing the measure pass. The initiative as written would give alcohol retailers exclusive rights to distribute cannabis for the first 18 months of legal sales. That could mean hundreds of millions in sales for Nevada’s alcohol retailers.

This is just the latest indication that cannabis won’t remain the province of small businesses for long. There’s simply too much money at stake.

3 comments on “Nevada Alcohol Industry Backs Cannabis Legalization
  1. Jimmy Limo on

    Of COURSE the booze vendors are supporting it ! It’s still legal to smoke cigarettes in casinos, and they envision thousands of stoners lighting up and settling in behind those new video slot machines with colorful 3D graphics and surround sound…

    Reply
  2. her on

    Being stoned in vegas definitely helps to achieve a different perspective with all the colorful lights and costumed performers. that thought really makes me want to advocate legalizing mushrooms vegas.
    hmmmmm

    Reply

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