Nevada Cannabis Taxes in November are Second Highest Since Program’s Launch

Tax revenues from Nevada’s cannabis industry are continuing to exceed expectations as the state raised more than $5.5 million in November from the 15 percent wholesale taxes on medical and recreational products, and the 10 percent excise tax on adult-use sales, the Las Vegas Sun reports. The governor’s office had projected the industry would bring […]

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Nevada Congressional Members Working to Protect State Cannabis Laws

Nevada lawmakers are working on two pieces of federal cannabis reform legislation which, if approved, would amend the Controlled Substances Act to allow cannabis to be used medically and researched, and another allowing states to regulate cannabis for recreational use, the Las Vegas Review-Journal reports. The move comes less than a week after Attorney General […]

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Nevada Cannabis Sales Set New State Record in October

Nevada’s combined cannabis sales reached a new high in October, totaling $37.9 million, the Las Vegas Review-Journal reports. The state received $5.8 million in tax revenues, of which about $3.8 million came from the state’s 10 percent excise tax on recreational sales. Since recreational sales began on July 1, the state has netted more than […]

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Canadian Cannabis Firm Finalizes Acquisition of Nevada Licensed Producer

Canada-based MPX Bioceutical Corporation has received final approval from both state and municipal regulators to acquire GreenMart of Nevada in a deal worth $17.81 million. GreenMart, based in Las Vegas, holds cultivation, production, and wholesaler licenses. The GreenMart North Las Vegas facility is expected to produce approximately 1.6 million grams of flower and 85,000 grams […]

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Paiute Tribe Opens First Cannabis Drive-Thru in Vegas

Las Vegas, Nevada’s Nu Wu Cannabis Marketplace has opened the city’s first drive-thru retail location less than a month after the Paiute Tribe opened the location doors, KSNV News3LV reports. The owners say the option is convenient for people with disabilities and those who are just in a rush. “Medicinal patients – patients that aren’t […]

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Nevada Adult-Use Cannabis Sales Top $33M in Second Month

In an interview with the Cannabist, Nevada Department of Taxation head Deonne Contine disclosed the state had sold more than $33 million during its second month of adult-use sales – representing a 24 percent spike from the 27.1 million in sales in July. The revenues equate to $3.35 million in tax revenues derived from the […]

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‘Gorilla Glue’ Trademark Infringement Lawsuit Settled

The makers of the adhesive Gorilla Glue have settled with GG Strains LLC, the cannabis company with strains called Gorilla Glue #1, Gorilla Glue #4, and Gorilla Glue #5, in a trademark infringement case, according to a Cannabist report. The agreement does not involve any monetary penalties or transactions. The agreement forces Las Vegas, Nevada-based […]

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Nevada Adult Use Sales Outpace Washington, Oregon, Colorado in Respective First Months

Nevada’s first month of retail cannabis sales almost doubled the first month sales of Colorado and Oregon as the state’s dispensaries saw $27 million in sales, compared to about $14 million in the Centennial and Beaver states, the Las Vegas Review-Journal reports. Washington sold just $3.8 million its first month of adult-use sales. The sales […]

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Las Vegas Dispensary Receives Green Light to Stay Open 24/7

The Las Vegas, Nevada City Council has unanimously approved a measure that allows Oasis Cannabis to stay open 24 hours-a-day, seven days a week – it is the first dispensary near the Strip granted approval to operate around the clock, the Las Vegas Review-Journal reports. The approval follows a Tuesday vote by the Clark County […]

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Nevada Governor: Recent Opinion Allowing Social-Use Venues ‘Circumvented’ Legislative Process

Nevada Gov. Brian Sandoval insists that a recent decision by the state Legislative Counsel Bureau indicating that the state’s adult-use law does not prevent municipalities from licensing social-use clubs has “no precedential value,” and the issue should be determined by the legislature in 2019 according to a KTVN report. “I also question it because there […]

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Nevada Legislative Counsel Bureau Opinion Could Set Stage for Cannabis Social-Use

In an opinion issued on Monday, Nevada’s Legislative Counsel Bureau said that nothing in the state’s recreational cannabis law prevents local governments from permitting cannabis consumption at businesses, the Las Vegas Review-Journal reports. The opinion effectively allows municipalities to create social-use licenses that could be granted to cannabis-friendly lounges, coffee shops, and special events such […]

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Las Vegas Dispensary Secures In-Flight Advertisements with Airline

Acres Cannabis — a cannabis retailer in Las Vegas, Nevada — has secured an advertising deal to appear in corporate airline Allegiant Air’s in-flight magazine, according to a press release from the company. This announcement comes following a broad Clark County Commission proposal that would ban cannabis advertisements throughout Las Vegas’ McCarren International Airport properties and potentially […]

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Nevada Tax Commission: Liquor Distributors Not Sufficient for Cannabis Industry

The Nevada Tax Commission has upheld the previous decision by the Tax Department that there are not enough liquor distributors in the state to serve the growing retail cannabis market, the Las Vegas Review-Journal reports. However, the commission’s decision is not final as the distributors have appealed the denial of a previous injunction request by the Nevada […]

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Israeli and Canadian Firms Partner for Cannabis Production Plants in 4 U.S. States

Israel-based medical cannabis company Panaxia has partnered with Canada’s Bioceutical Corporation to set up four medical cannabis production plants in Arizona, Nevada, Maryland, and Massachusetts, according to a report from Globes. Last year, Panaxia set up a similar production facility in New Mexico, which went online in March. The agreement will see Bioceutical Corp., which […]

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Nevada Court Rules Against Liquor Wholesalers in Cannabis Distribution Case

A Nevada District Court judge has denied a preliminary injunction sought by liquor distributors to prevent the state Tax Department from licensing cannabis businesses to distribute recreational products from cultivators and manufacturers to retailers, the Las Vegas Review-Journal reports. Carson City District Judge James Todd Russell ruled that alcohol wholesalers were unable to satisfy the […]

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Distribution Woes Cause Decline in Nevada Adult-Use Sales

Nevada dispensaries selling adult-use cannabis are struggling to meet demand, causing a 20 to 30 percent drop in sales since the program’s launch, according to Department of Taxation figures outlined by the Reno Gazette-Journal. Distribution problems continue to plague the market, which has led to product selections being reduced by more than half. “These (retail […]

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Las Vegas Dispensary Extends Delivery Service to Adult-Use Customers

Oasis Cannabis, a Las Vegas dispensary, is now offering its delivery services to adult-use customers – while they still can, KTNV reports. Under the temporary regulations currently in effect in Nevada, recreational delivery is permitted; however, the Department of Taxation’s draft of permanent regulations do not allow adult-use cannabis delivery, citing safety concerns. Ben Sillitoe, owner […]

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Las Vegas Tribe Opening Largest Free-Standing Retail Cannabis Store in Nation

The Las Vegas Paiute Tribe is preparing to open what is believed to be the largest free-standing retail cannabis store in the country – a 15,000-square foot facility located less than a mile from downtown Las Vegas, KSNV reports. The shop, which is expected to open next month, will be called the Nu Wu Cannabis […]

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Broad Proposal Would Ban Cannabis Advertisements in Las Vegas Airport

During a public hearing by the Clark County Commission, which encompasses Las Vegas’ McCarren International Airport, commissioners proposed an ordinance that would ban cannabis advertisements and make cannabis possession illegal on all airport-owned properties, according to a report from Aviation Pros. However, if approved as-is, cannabis advertisements could also be banned from vehicles carrying passengers […]

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Nevada Laws Likely to Prevent Cannabis-Friendly Tour Buses

Entrepreneurs in Las Vegas hoping to launch a tour bus company which would allow guests to consume cannabis have hit a snag due to a Nevada law that makes it a misdemeanor to ingest cannabis inside a moving vehicle, the Las Vegas Review-Journal reports. The owners of the GreenRush Puff Bus argue that their plan […]

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Medical Cannabis Prices Rise Following Nevada’s Adult-Use Market Launch

Medical cannabis prices for Nevada’s patients have seen an increase since the rollout of the recreational market – in some cases doubling – which has forced some patients back into the illicit market, according to a report from Fox 6. Emily Wilson, a registered patient interviewed in the report, said many patients she had spoken […]

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Nevada Adopts Emergency Rec. Distribution Rules to Avoid Product Drought

Nevada regulators have licensed the state’s first recreational cannabis distributor in an effort to prevent the newly-launched industry from running out of products, CNN Money reports.  The license was granted to Blackbird Logistics Corporation, which currently distributes medical cannabis in the state but needed to obtain a liquor distribution license to serve the recreational industry. […]

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Nevada Rec. Dispensaries Running Out of Product

Nevada’s adult-use cannabis industry has been online for about one week, yet dispensaries permitted to sell to adults are already running out of products, the Reno Gazette-Journal reports. The coming drought has led the Department of Taxation to propose a “statement of emergency” rules that would open up distribution licenses to applicants beyond alcohol distributors. […]

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Nevada Rec. Sales Reach $3M in Four Days

Cannabis sales in Nevada are already booming, as retail sales have exceeded $3 million during the first four days, according to a Las Vegas Sun report. That equates to nearly $500,000 in state tax revenue putting the state on track to achieve $30 million over the next six months of sales, the Nevada Dispensary Association […]

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    Sapphire is an organization of professionals whose careers are centered on the science of preventing crime and increasing pro-business results through the implementation of controls and processes. Our vision is to create environments that are crime adverse due to strategic planning and foresight. Sapphire will be in your corner with advice and counsel as long as your organization is continuing to grow.

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    HempStaff is an industry leader in Marijuana Industry Recruiting and Dispensary Training. We strive to find the perfect match for Employers and Employees in the Cannabis Industry. From Dispensary Managers and Master Growers to Cannabis Chefs and Trimmers, we find the right match for both our clients and candidates. We are currently working with marijuana business owners across America to help them locate qualified employees as well as providing Dispensary Training for the entry level employee in states with new markets.

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    Moriconi Flowers Ltd. is a law firm dedicated to applying decades of legal expertise to the emerging commercial and medical cannabis and hemp markets in the United States and abroad. Building off of careers in commercial litigation, transactional debt instruments, oil and gas regulation, liquor licensing, insurance coverage, and catastrophic loss, the attorneys at Moriconi Flowers Ltd. routinely navigate regulated markets.

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    Mac & Fulton Talent Partners is the premier recruiting agency for the indoor gardening and cannabis industries. For our client companies and candidates, M&F takes on the role of trusted partner and advisor in the development of long-term relationships. To this end, M&F's approach to recruiting and staffing in the cannabis space is founded on the understanding that our success is always determined by yours.

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    We have a full bookkeeping service to help you keep your financial statements compliant. We are also experts in taxation. We keep informed of all the latest industry tax changes. We are also Enrolled Agents who are experts in defending our clients in audits with the IRS. We can also help with sales and excise taxes applicable to your business. We will make sure you understand Form 8300 and take care of the e-filing of this form.

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