Nevada rec MJ program receives $870K in seed money

Nevada lawmakers approved a seed loan of about $871,000 to kick-start the state’s new recreational marijuana program under the department of taxation. Nevada’s Interim Finance Committee, composed of lawmakers from both houses of the state legislature, extended the funding,┬áthe Reno Gazette-Journal reported. The taxation department must iron out the details in the legislation to legalize recreational marijuana before any sales can take place. According to the Reno Gazette-Journal, the department wants to establish by July:
  • Licensing procedures for MJ businesses ranging from growers to retailers
  • Qualifications for licensing, security, packaging, labeling and testing
  • Rules for oversight and
... Nevada rec MJ program receives $870K in seed money is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs