Nevada: Early Start Program Regulations Approved for Marijuana Sales

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On Monday, Nevada’s Tax Commission approved their temporary regulations, potentially cultivating an “early start” for the state’s adult-use marijuana sales. Rushed through the regulatory process by the Department of Taxation, recreational sales in Nevada are anticipated to begin before the 4th of July.

According to the Las Vegas review Journal, the program is projected to generate more than $70 million for the state over the first two years. Deonne Contine, Director of Nevada’s Department of Taxation, views the new revenue stream as the most viable way of meeting Gov. Sandoval’s proposed budget for 2018.

“If we don’t adopt the regulations, we will not have a temporary program. If we don’t have a temporary program, we will not have the revenue that’s included in the governor’s budget.”

The nine-member Tax Commission passed regulations allowing medical marijuana dispensaries that are currently operational and in good standing with their local municipality and the state to apply for Nevada’s early start program.

Nevada Marijuana Application Fees

Per the final draft of the proposed regulations, qualified applicants are required to pay a “one time,” nonrefundable application fee of $5,000, plus an additional licensing fee. Dependent on their role within Nevada’s recreational marijuana industry, cultivators and dispensaries will be required pay the following fees:

(1) $20,000 for a Retail Establishment

(2) $30,000 for a Cultivation Facility

(3) $10,000 for a Production/Manufacturing Facility

(4) $15,000 for a Testing Facility

(5) $15,000 for a Marijuana Distributor

Medical marijuana dispensaries in compliance with state and local regulations wanting to participate in the early start program must apply no later than May 31, 2017. Originally allocated a single application period, yesterday’s modified regulations allow for a second application period, to be announced later this year.

Ready to get things rolling as soon as possible, “Clark County is scheduled to begin licensing by July 1, and officials for the cities of Las Vegas and North Las Vegas said Monday both municipalities plan to do the same.”

About Author

Born in Long Beach, raised on the central coast: I surf, dab, burn, and blog – though not necessarily in that order. I'm a husband, a father and a lifelong consumer of connoisseur grade weed. I don't drink alcohol or consume any other "drugs." I consider myself to be living proof that weed is not a gateway drug. If it were, I'd be in some serious trouble. Instead, as a 50-year-old ex-realtor that has been smoking weed for nearly 80% of my life (just did the math) ... I can only say, marijuana is safer than prescription pills or alcohol could ever hope to be for calming what stirs the savage beast.

4 Comments

  1. Maybe it’ll mean less drunken spending at casinos but they’ll survive. More importantly, legalization will keep tax revenue flowing in to support our crummy school system as well as easing busy courtrooms.

  2. Does this mean I will be able to drive with THC in my system days after a smoke and not affecting my driving ?

  3. Charles Barnard on

    While on the surface this appears to be a good thing, they are certainly over-projecting revenue, and they have taken a weed that anyone can grow and turned it into a product which require substantial up-front money to grow or sell.

    Then they plan to collect major revenue by selling at or near the current street prices a product which can be grown at the same cost as any other garden plant.

    This may be good for state income, but it is another disproportionate tax on the poor, who most need a cheap medicine and entertainment.

  4. More greed from politicians.
    20k for a permit to sell. The Feds can still come they and ruin you day.
    I’ll see you at the gas station.
    😉

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