Nevada dispensaries licensed to sell recreational marijuana are running out of pot less than a week after the legal market came to life, according to the state Department of Taxation.
On Friday, taxation officials announced that Gov. Brian Sandoval had endorsed the department’s “statement of emergency,” allowing state officials to consider adopting an emergency marijuana regulation that could alleviate the shortage.
The Nevada Tax Commission will vote on the regulation on Thursday.
“Based on reports of adult-use marijuana sales already far exceeding the industry’s expectations at the state’s 47 licensed retail marijuana stores, and the reality that many stores are running out of inventory, the Department must address the lack of distributors immediately. Some establishments report the need for delivery within the next several days,” said department spokeswoman Stephanie Klapstein in an email.
The regulation would allow the department to consider a larger pool of applicants for distribution licenses, licenses that permit the transport of recreational marijuana from where the cultivation and packaging facilities to the dispensaries.
As the state law legalizing recreational marijuana was passed in November, wholesale alcohol distributors were promised exclusive rights to transport wholesale marijuana for the first 18 months of legal sales. [Read more at Reno Gazette-Journal]