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The Nevada Independent

John Ritter

A table of packaged marijuana for sale

Tensions over 2018 marijuana licensing resurface with bill that would give losing companies chance to expand

Proponents commissioned an analysis from RGC Economics that projected the state could support up to 1,283 additional dispensaries. Nevada’s marijuana market grossed nearly $700 million last fiscal year and is on track to break that record this fiscal year.

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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.

Four computers in a computer room

How Nevada lost millions in federal grant dollars from a lawsuit over a software contract

Although state lawmakers in 2017 approved $200,000 a year in new funding for a grant management software program — a system backers said could result in up to tens of millions of dollars in untapped federal funds — a lawsuit filed by a company that sought but didn’t receive the contract has stalled implementation of the system for the foreseeable future.

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