Top photo: © Rex Wholster | Adobe Stock
Lawmakers on Tuesday dropped much-awaited legislation that would establish a board tasked with top-to-bottom regulatory authority over the marijuana industry—a promise made by Gov. Steve Sisolak.
The 160-page omnibus cannabis bill, introduced in the Assembly as AB533, plans to place almost all of the responsibility for overseeing Nevada’s burgeoning marijuana industry under the thumb of a new, five-member Cannabis Compliance Board with regulatory authority and an associated advisory panel, the Cannabis Advisory Commission. The board, like its model, Nevada’s gold-standard Gaming Control Board, will be responsible for everything from issuing licenses to meting out punishment when businesses deviate from established rules.
