The General Sense In Nevada Is That Current Medical Marijuana Businesses Will Try To Land Distribution Licenses To Save On Overhead, Said Marijuana Attorney Neal Gidvani.

Such a measure is in the works and apparently has broad support at the state capitol. Two separate measures, Assembly Bill 463 and Senate Bill 487, would accomplish tax parity, and one is almost certain to pass before the legislature adjourns June 6, said Rianna Durrett, executive director of the Nevada Dispensary Association. If the measure fails, however, businesses must submit their inventory designations to the tax department by June 16. Once early recreational licenses are handed out, there will be questions surrounding a new distributor license, which didn’t exist under the state’s medical marijuana law. It was added by the recreational legalization measure voters approved last year. The tax commission’s regulations appear to allow existing medical marijuana businesses to obtain distributor licenses so they’ll be able to ship cannabis to and from retail operations without the need for a third party. “The general sense” in Nevada is that current medical marijuana businesses will try to land distribution licenses to save on overhead, said marijuana attorney Neal Gidvani. There’s also a question of preparing for what could be a mad rush of customers come July. Both Sillitoe and Goldwater said their priorities are to increase staff and inventory so they’re not overwhelmed by demand. “We’re preparing for a large increase” in business, Sillitoe said. “We’re hiring people to beef up our staff, we’re acquiring additional inventory, and we’re getting ready for the unknown at this point.” Goldwater said Inyo isn’t worried about whether it will get a temporary recreational license – he believes most of Nevada’s licensed medical marijuana companies will be able to obtain one.

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