Tuesday, July 11, 2017

Nevada Issues A ‘Statement of Emergency’ - Yo We're Running Out of Weed Over Here Man!

The State of Nevada’s Department of Taxation has issued a “statement of emergency” due to a shortage of herb since the plant was legalized for recreational use at the beginning of this month. Between July 1 and 4, dispensaries made roughly $3 million in sales and generated as much as $1 million in tax revenue. But the green rush has come with a shortage, one almost certainly created because of the way the licensing law passed last year was written.
“Based on reports of adult-use marijuana sales already far exceeding the industry’s expectations at the state’s 47 licensed retail marijuana stores, and the reality that many stores are running out of inventory, the Department must address the lack of distributors immediately.  Some establishments report the need for delivery within the next several days.”  - Reno Gazette-Journal
To avoid a messy little battle with the liquor industry in the state, the backers of the Law, the Coalition to Regulate Marijuana Like Alcohol, accepted a campaign contribution from liquor vendors in exchange for including an 18-month period in which only liquor vendors could obtain distribution licenses. 

Taxation officials announced that Gov. Brian Sandoval had endorsed the department's "statement of emergency," allowing state officials to consider adopting an emergency regulation that could alleviate the shortage. The regulation would allow the department to consider a larger pool of applicants for distribution licenses, licenses that permit the transport of recreational marijuana from the cultivation and packaging facilities to the dispensaries.

Maybe Nevada should bring in some old school, out of state sales & distribution experts to consult on the situation:

Rapper and Reefer Connoisseur, Mr. Snoop Doggy Doo