|Nevada Governor Signs Marijuana Bills as Adult-Use Sales Cleared for Early Start
Posted: 16 Jun 2017 12:51 PM PDT
Nevada is moving toward well-regulated and accessible medical and recreation marijuana programs – Governor Sandoval signed marijuana-related bills into law and the state has approved early-start recreational sales!
Of the bills, the first, SB344, requires marijuana edibles be in unattractive, childproof packaging; the second, AB422, lowers medical marijuana patient fees; and the third, SB487, imposes a 10% tax on recreational marijuana sales – adding the revenue to the state’s rainy day fund and regulating limited access of the fund until 2019.
Unfortunately, the Governor vetoed AB259, a bill that would have expunged criminal records of those convicted of possessing one ounce or less of marijuana or violating any provision of law involving marijuana that is now legal.
The approved bills will join four bills signed into law this session providing a framework for Nevada’s new recreational marijuana industry, while preserving the state’s medical marijuana program.
Additionally, Nevada’s adult-use marijuana industry could begin adult-use sales by July 1. The Department of Taxation approved temporary regulations and applications have already been accepted. However, adult-use sales could be delayed by a legal challenge from alcohol distributors. MPP is monitoring closely and will be working to avoid any delay.
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