The 47 retailers now licensed to sell recreational pot previously operated as medical marijuana outlets, which were allowed to move products between cultivators, manufacturers and retail store fronts.
State regulators, caught off-guard, agreed on emergency procedures that will facilitate a streamlined licensing process for Nevada's recreational distributors. The state is challenging the interpretation of that law because of the bottleneck.
The Nevada Tax Commission is hearing testimony on the emergency proposal that would allow more flexibility in the licensing so as to meet overwhelming demand at recreational pot retailers who launched the state's first legal sales July 1.
"If this body adopts this regulation today, it will be invalid", Benson told the commission Thursday.
The head of Nevada's Department of Taxation says the agency has approved licenses for two alcohol wholesalers in compliance with a court order to begin distributing recreational marijuana to retailers running low on supplies.
Tax Commission member Thom Sheets said the answer was clear to him when no distributors had been approved.
In California, where voters passed a similar measure in November, residents can possess and buy recreational pot, but the state has until 2018 to begin issuing licenses to sellers and distributors. Initially great news for the state's coffers - raising approximately $500,000 in new tax revenue - the state's lack of planning for adequate distribution quickly created a conundrum for dispensaries - a lack of cannabis products. "Crooked will have the license, but Blackbird will be in charge of the on-the-ground duties, according to Stephanie Klapstein, spokeswoman for the department".
Even with this monopoly on offer, too few interested parties stepped forward, so the state tried to give distribution licenses to marijuana companies.
A Carson City judge ruled last month that alcohol wholesalers have exclusive rights to transport pot from growers to store fronts for the next 18 months.
Thanks to restrictive regulations - the result of a power play by liquor distributors eager to get a cut of the multibillion-dollar action - Nevada's 47 dispensaries began the recreational marijuana legalization era on July 1 with limited supply, and no way to re-up without receiving shipments from big booze shippers, none of whom have yet qualified for a recreational distribution license. Dispensaries can only obtain marijuana from authorized distributors, however, and a provision in the law precludes regulators from letting anyone outside the alcohol industry transport pot until 2019.
That was the biggest reason Deonne Contine, executive director of the state's Department of Taxation, cited in March when she first expressed concern about "insufficient interest" among liquor wholesalers, especially in Nevada where many of their biggest customers are hotel-casinos also subject to numerous federal statutes.
Endorsed and signed by Gov. Sandoval on Friday, the emergency distribution regulations are now in full effect.
The IIFA Awards that will be hosted on Saturday night, was tight and led to a hard time for some media persons. It is highly commendable that, in spite of the inclement weather, they went ahead and put up a super show.
The remains of at least one of the men were found after an extensive search on a massive property belonging to DiNardo's parents. Cosmo DiNardo, who is being held on $5 million cash bail, has been described as a person of interest in the investigation.
In the interest of context, let's take a look at what else Turner has said about Sansa Stark in the long build-up to season 7 . When we last saw Bran Stark, he was in contact with the Night King , who touched him during one of his powerful visions.
He has vowed to fight any such move, saying that his current assets "amount to a fast computer and a nice pair of shoes". I am resigning as senator for Western Australia and co-deputy leader of the Australian Greens , effective today.
Mr Trump Jr did not disclose Mr Akhmetshin's presence in statements and emails he released earlier this week about the meeting. Akhmetshin told AP he does not know if Veselnitskaya's documents were provided by the Russian government.
In his second tweet, the actor then hinted about one woman , whom he didn't name, for perhaps launching campaign against him. Coming back to the story, Haasan who is known for calling a spade a spade, expressed his anger in a series of Tweets.
She is attempting to overtake Serena's record (34 years and 287 days) as the oldest woman in Open Era to win a Wimbledon crown. Since then, the 23-year-old has won the French Open and believes she's now equipped to handle the occasion.
Advancing issues outnumbered declining ones on the NYSE by a 2.54-to-1 ratio; on Nasdaq, a 1.29-to-1 ratio favored advancers. In corporate news, JPMorgan Chase reported quarterly net income of seven billion us dollars, up 13 percent year-on-year.
Macron and Trump mark France's Bastille Day
Both the Champs-Elysees and the Place de la Concorde, with its golden-tipped obelisk, were emptied two hours before the parade. To judge from the reactions in the video, it's safe to say that his USA counterpart did not quite share in that feeling.
NVIDIA Corporation (NVDA), Bioblast Pharma Ltd. (ORPN)
Nevertheless, roughly two-fifths of covering analysts still maintain a "hold" or "strong sell" rating, as of last night's close. Following the transaction, the director now owns 30,762 shares of the company's stock, valued at approximately $4,623,220.98.
Gayle hopeful of playing 2019 WC
Meanwhile, wicketkeeper-batsman Nicolas Pooran has been allowed to represent the West Indies in all formats again. Things are beginning to open up a little more now, between players and the board ( West Indies Cricket Board ).