Report: Nevada distribution issues hurting recreational cannabis sales

The 50 dispensaries licensed to sell recreational marijuana in Nevada have experienced a 20%-30% decline in sales since an initial explosion of activity on July 1, according to a report by the Nevada Department of Taxation. The tax department said the drop in sales stem from the dispensaries’ inability to meet demand, according to the Reno Gazette-Journal. The dispensaries – which are selling adult-use cannabis under the state’s early start program – have seen the supply of marijuana goods they can offer shrink by more than 50% because of Nevada’s ongoing distribution problems, ... Report: Nevada distribution issues hurting recreational cannabis sales is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs