Nevada Pot Shops are Already Dankrupt After Two Weeks


It’s only been two weeks since adults could legally buy recreational marijuana in Nevada – but dispensaries in the state are already almost dry, prompting Gov. Brian Sandoval to issue a “statement of emergency.”

The state’s nearly 50 dispensaries are running low on supplies of weed to sell which threatens to leave a massive hole in the state’s budget, which relies on the 15 percent sales tax to partially fund education.

"A halt in this market will lead to a hole in the state’s school budget," Stephanie Klapstein, a spokesperson for the Department of Taxation, told the Reno Gazette-Journal.

The problem isn’t lack of bud – but lack of legal distributers to get the pot into the shops. So on Friday, Gov. Sandoval made the push to allow more licensed pot distributers.

Nevada’s system is a unique one: in an effort to ‘regulate marijuana like alcohol’ and to keep the liquor industry from losing money to legal cannabis, only alcohol wholesalers have the rights to move marijuana from growers to retailers.

However, the setup creates a blockage to dispensaries re-uping on product. Sandoval’s ‘statement of emergency’ would allow applications from individuals outside of the alcohol industry.

The state’s tax commission is expected to vote on the regulation on Thursday.

Posted in News on July, 2017