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Gov. Sisolak Approves Overhaul of How Nevada’s Cannabis Industry is Regulated | Cannabis Business Times

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Gov. Sisolak Approves Overhaul of How Nevada’s Cannabis Industry is Regulated

Modeled after Nevada’s gaming industry regulation system, the board is designed to be a comprehensive regulatory board.

Nevada Reno
Adobe Stock
Northern Nevada Business Review
June 17, 2019

CARSON CITY, Nev. — Gov. Steve Sisolak on Wednesday signed a bill that would effectively overhaul regulation of the state’s marijuana industry by creating a Cannabis Compliance Board.

Modeled after Nevada’s gaming industry regulation system, the board is designed to be a comprehensive regulatory board with seven members who have expertise in areas ranging from finance, law enforcement and medicine to legal compliance.

According to previous reports, the new agency would take over regulatory issues ranging from licensing to operation of dispensaries, growers, production of cannabis products and testing. Actual tax collections from medical and retail cannabis products would remain the responsibility of the Department of Taxation.

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