Legalized recreational marijuana is a hit in Nevada, so much so that the state's pot stores are nearly out of supply after just 10 days. State officials will meet this Thursday to consider adopting an emergency regulation that could solve the problem.
The state of Nevada has mobilized to avoid a prolonged shortage of cannabis products available for sale by the 47 cannabis retail stores throughout the state now licensed to sell cannabis to people 21 years of age and older.
Under the measure, cannabis was supposed to be regulated like alcohol, and the group further argued the language of the measure gave the right exclusively to alcohol distributors for the first 18 months of sales. "Some establishments report the need for delivery within the next several days", department spokeswoman Stephanie Klapstein said in a statement to the Reno Gazette-Journal. Reports say Nevada made almost $1 million in taxes over the weekend, with dispensaries raking in about $3 million, but since there's so few licensed dispensaries, there's fear of a weed shortage.
When the sale of recreational marijuana became legal in Nevada on July 1, so many people came out to blaze it that the governor had to declare a state of emergency to say: we're running out of weed.
The issue seems to be a bureaucratic one, mostly stemming from rules that the state of Nevada initially imposed on legal marijuana sales. What kind of shortage qualifies for a declaration of emergency in the great state of Nevada?
This shocking news was announced by the State Department of Taxation, according to the Reno Gazette-Journal. Nevada dispensaries were legally allowed to sell recreational marijuana starting at 12:01 a.m. that day. Riana Durrett, executive director of the Nevada Dispensary Association, estimated industry-wide sales of around $3 million during the first four days of business. These businesses have recently hired and trained thousands of additional employees to meet the increased demand of adult-use.
A customer paying for marijuana products at the dispensary.
"It is important to emphasize that nothing in the order prohibits the marijuana industry from starting - the state can simply license the alcohol distributors and let them get to work", said Kevin Benson, a lawyer for the distributors' industry group. According to the Department of Taxation, Nevada's marijuana sales have exceeded the industry's original estimates-the opening weekend resulted in "well over" 40,000 transactions.