News

Nevada considers emergency rules to address shortage of legal weed

By: Joshua, July 11, 2017

About a week after Nevada dispensaries began selling legal marijuana, the state’s government is considering emergency legislation to address a shortage of weed.

The Nevada Tax Commission will vote this Thursday on new rules potentially expanding the number of stores that can legally sell marijuana, according to Salt Lake City’s Fox 13. The commission reported in a statement that many of the state’s 47 dispensaries had already run out of pot.

The vote will decide whether liquor wholesalers will be allowed to sell the drug, bringing to a head a legal battle between the state and the local liquor retailers, who have been fighting to profit on the newly legalized marijuana industry.

“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,” the statement said. “Some establishments report the need for delivery within the next several days.”

Within the first weekend of legal recreational marijuana, sales totaled around $3 million, according to the Nevada Dispensary Association.

Dispensaries in the state celebrated the change by opening their stores at midnight the day the sales became legal, expecting large crowds in the stores and even setting off fireworks.

Nevada voters approved the legalization in November, and sales began on July 1.

SOURCE

Thehill.com

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