Nevada Eases Cannabis Licensing Red Tape

Nevada has taken a giant leap forward in the new year

A slew of changes to the Nevada cannabis industry, from possession limits to potency and licensing,  went into effect Monday.

Under the new rules, the result of a bill signed into law last June, dispensaries serving both recreational and medicinal cannabis will require only a single license, instead of separate licenses for each side of the market.

The law also restricts the issuance or renewal of medical cannabis licenses, with exceptions only in areas that do not permit adult-use facilities. Additionally, medical cannabis consumers are exempt from the state excise tax at recreational retail outlets.

Retailers were also given more flexibility to operate with more than one entrance, and recreational consumers can get access to medical-grade marijuana products, a move that streamlines product availability across different consumer bases.

In addition, the measure raised the legal possession limit for cannabis from one ounce to 2.5 ounces. The legal limit for cannabis concentrates was raised from one-eighth of an ounce to one-quarter of an ounce.

To Read The Rest Of This Article On Green Market Report, Click Here

Stay up-to-date!

Get all the news and info straight into your inbox that you need to help grow your business.

Marijuana Retail Report, is a national daily online trade publication serving retailers of marijuana products and accessories. News and information are geared strictly to select retail channels, with distribution limited to licensed collectives, recreational retailers, accessories retailers, and wholesalers.


Stay informed with the most up-to-date industry news to help you grow your business: subscribe to our newsletter below!

To Top