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Nevada marijuana companies cite big wins from legislative session

Nevada cannabis operators and other stakeholders lobbied for structural changes to the state’s adult-use and medical marijuana programs, and the legislature answered by approving several industry-friendly bills during its most recent session.

The industry-backed changes signed into law last month by Gov. Joe Lombardo included eliminating and capping various fees, reassessing penalties for operating violations and creating a dual license for retailers serving both medical patients and recreational consumers.

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The policy overhauls, which garnered bipartisan support in Nevada’s Democrat-controlled Legislature, will save some operators tens of thousands of dollars per year in business expenses while significantly expanding retail access, industry insiders told MJBizDaily.

“As the legal cannabis industry continues to evolve and look for ways to better serve consumers with safe and affordable products, we are grateful that our state legislators and Gov. Lombardo responded with a slate of supportive legislation,” said Scot Rutledge, a partner

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