/Existing Nevada Marijuana Distribution Licenses Will Remain In Effect For A Full Year
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Existing Nevada Marijuana Distribution Licenses Will Remain In Effect For A Full Year

Originally Posted By The Associated Press via thecanabist.co

CARSON CITY, Nev. โ€” The Nevada Tax Commission voted to extend the existing emergency regulations allowing recreational marijuana licensing and sales for another 120 days.

The Nevada Appeal reports permanent regulations, which were set to expire Wednesday, are still awaiting legislative approval.

In accordance with the Supreme Court order issued Oct. 20, the regulations, which were extended Wednesday, state that new applications to distribute cannabis can only be issued to licensed liquor wholesalers.

That requirement comes from the law that makes recreational marijuana use legal in Nevada, giving liquor distributors exclusive rights to distribution for the first 18 months of recreational sales.

But the regulations also adopt the high courtโ€™s unanimous order that existing distribution licenses for recreational licensees granted on or before Sept. 14 will remain in effect for the full year from the date they were issued.

Information from: Nevada Appeal

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