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The Nevada Independent

David Goldwater

Regulators: Cannabis lounges can get more time to meet high capital requirements

During a Tuesday meeting, CCB Executive Director Tyler Klimas announced that provisional licensees have until the end of September to request another 90-day extension, stating that more than 19 entities have not submitted for an extension. 

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Group of pedestrians outside Essence Cannabis Dispensary

Tax Commission approves partial settlement to start laying to rest drawn-out marijuana licensing lawsuit

Commissioners unanimously voted on Friday to approve the settlement, which involves some 17 plaintiffs and reshuffles some of the licenses that the state awarded in the disputed 2018 application round. It comes in the middle of a trial so big that it had to be moved to the Las Vegas Convention Center and as part of a consolidated lawsuit with so many parties it has earned the nickname “World War Weed.”

Cannabis plant ready for harvest

Sour grapes by dispensary applicants not given licenses delayed openings, cost taxpayers money

In the most recent round of retail marijuana dispensary licenses issued by the State of Nevada, there were 116 applicants who submitted 461 applications vying for 61 licenses. The selection process was arduous and had the full support of the majority of companies applying for the licenses – until a handful of applicants with a sense of entitlement, including Nevada insiders, former politicians and real estate tycoons, were not chosen.

A backhoe on a cleared lot

Developers, trial lawyers face off over bill revising construction defect law changes made in 2015

The actual subject of the hearing was AB421, a bill heard by the Assembly Judiciary Committee that would reverse many of the substantive changes Republican lawmakers made in 2015 on lawsuits related to construction defect claims, a move derided by Democrats but lauded by Republicans including Gov. Brian Sandoval and developers as necessary to stem the growing tide of alleged “frivolous” lawsuits on residential construction defects.

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