Menu Search Facebook Twitter
Search Close
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers

Pot-Seeking Tourists Look to Nevada to Keep Supply Flowing 

Some of the 47 licensed retailers have reported twice as much business as they anticipated

, photo: AP/John Locher
5 months ago

CARSON CITY – Tourists looking to buy newly legal pot in Las Vegas and other Nevada cities are counting on the state to make changes as overwhelming demand has started emptying shelves.

Regulators planned to vote Thursday on emergency rules that would speed up licensing for pot distributors, a sticking point that has launched a legal battle and is threatening the flow of supplies after dozens of retailers started selling recreational marijuana on July 1.

Nevada’s law is unique among legal pot states, dictating that only alcohol wholesalers can transport the drug from growers to storefronts for the next 18 months.

Fewer than 10 alcohol wholesalers have applied for distribution licenses, and as of last week, none had met the qualifications, the state Department of Taxation said.

Many retailers were previously licensed to sell and distribute medical pot, so they started stockpiling supplies months ago in an anticipation of high demand for recreational marijuana.

People wait in line at the Essence cannabis dispensary, Saturday, July 1, 2017, in Las Vegas, Nevada dispensaries were legally allowed to sell recreational marijuana starting at 12:01 a.m. Saturday. Photo: AP/John Locher

Despite the preparations, some of the 47 licensed retailers have reported twice as much business as they anticipated, tax department spokeswoman Stephanie Klapstein said.

“I have heard of some dispensaries running on fumes, if you will,” Nevada Dispensary Association President Andrew Jolley said.

The Nevada Tax Commission was set to consider a new regulation to license some pot retailers to serve as their own distributors if there are not enough alcohol distributors to do the job.

The proposal would at least temporarily clear the way for sales amid a legal battle over distribution. The powerful alcohol lobby won a court order that allows only them to distribute pot.

The state is appealing to the Nevada Supreme Court but is trying to rewrite the voter-passed law to facilitate issuing distribution licenses to existing retailers.

The tax department last week declared the need for the emergency rules, which Gov. Brian Sandoval has endorsed. The move came after marijuana retailers recorded more than 40,000 transactions in the first weekend.

“Without the ability to license marijuana distributors to continue the flow of product to the retail store, a high likelihood exists that consumers will revert to the black market,” Deonne Contine, executive director of the state’s Department of Taxation wrote.

Unless the matter is resolved quickly, the distribution bottleneck will cost both the state and investors millions of dollars, thousands of jobs and “cause this nascent industry to grind to a halt,” Contine said.


Comments Whatsapp Twitter Facebook Share
More From The News

Snow disrupts road, air travel in Englan ...

2 days ago

German intelligence warns of increased C ...

2 days ago
Latest News

Early praise for 'The Last Jedi' after e ...

2 days ago

Winless Cologne wastes 3-goal lead to lo ...

2 days ago
Most Popular

Up to 90 Million More Takata Airbag Infl ...

By The Associated Press

New Delivery App Rappi Says It's Not Sel ...

By Caitlin Donohue

Ferrari CEO Opens the Door on Building U ...

By The Associated Press

Coast of Yucatan Sees First Beached Whal ...

By Reuters

Dominicans See LGBT Rights Advancing wit ...

By The Associated Press