30 Jan 2017

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, the 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


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