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Nevada’s Comprehensive Cannabis Bill Heads to Governor

Proposes doubling purchase limits, allowing all dispensaries to sell to medical patients.




Nevada lawmakers passed Senate Bill 277, a comprehensive marijuana reform bill, expanding cannabis possession limits and granting new freedoms to licensed dispensaries, reports Forbes. The bill, which builds upon the state’s previous legalization of medical and recreational marijuana, gained final approval from the Nevada legislature on June 5 and now awaits action from Governor Joe Lombardo.

The bill more than doubles the possession and purchase limits, allowing individuals to possess and purchase up to 2.5 ounces of cannabis and a quarter ounce of cannabis concentrates.

In addition, all adult-use cannabis dispensaries would be permitted to sell cannabis products to medical marijuana patients. Starting next year, new licenses for medical marijuana businesses will no longer be issued, except in areas where recreational cannabis businesses are prohibited.

The bill also relaxes restrictions on individuals with felony convictions, allowing them to obtain licenses to operate or work at cannabis businesses. The Nevada Cannabis Compliance Board will grant licenses to businesses with stakeholders who have prior felony convictions, provided that it is determined to be safe and not negatively impact the cannabis industry.

The legislation also eliminates the ban on employing individuals with certain prior felony convictions in Nevada’s regulated cannabis industry.

The secretary of the Chamber of Cannabis, Abby Kaufmann, says she is certain the marijuana reform bill will receive Gov. Joe Lombardo’s signature, reports Benzinga.





Cannaconvo with Peter Su of Green Check Verified

Cannabis Last Week with Jon Purow interviews Peter Su of Green Check Verified. Peter Su is a Senior Vice President with Green Check Verified, the top cannabis banking compliance software/consultancy in the space. A 20+ year veteran of the banking industry, Peter serves on the Banking & Financial Services committee of the National Cannabis Industry Association. He chairs the Banking and Financial Services Committee for the NYCCIA & HVCIA. He is an official member of the Rolling Stone Cannabis Culture Council. And, he is on the board of the Asian Cannabis Roundtable, serving as treasurer.

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