At the beginning of the month, Nevada’s recreational marijuana sales began, and unexpected demand from customers has already sent the retail market spiraling into mayhem. Lengthy lines and massive sales marked a highly successful first week for dispensaries, but the resulting shortages caused Governor Brian Sandoval to declare a “Statement of Emergency” to permit more distribution and avoid statewide depletion.
Due to an ongoing legal quandary involving the state’s alcohol wholesalers, who have initial exclusive rights to recreational cannabis distribution, few licenses have been issued as of yet. To solve this problem, Nevada regulators will gather on Thursday to vote on emergency rules that would expedite licensing for pot distributors.
The Nevada Tax Commission is scheduled to consider a new regulation that would permit pot retailers to serve as their own middlemen if alcohol distributors are unable to meet the demand for cannabis. If passed, the new guidelines would temporarily allow sales to carry on while this legal battle over distribution rights continues.
“Without the ability to license marijuana distributors to continue the flow of product to the…