Tag Archives: legal marijuana

Marijuana dispensaries may begin recreational sales in Nevada starting July 1: Report

– The Washington Times – Tuesday, May 9, 2017

Marijuana dispensaries may start selling recreational weed within Nevada as soon as July 1, the state tax board voted Monday, six months earlier than previously expected.

While Nevadans voted last November in favor of legalizing marijuana, lawmakers aren’t expected to draft rules governing the state’s recreational weed program until January 2018. With medical marijuana dispensaries already legally operating across the state, however, the Nevada Tax Commission on Monday voted 6-1 in favor of granting temporary retail licenses to currently existing pot shops.

Monday’s decision means licensed medical-marijuana dispensaries in Nevada can submit applications to the state Department of Taxation starting May 15 seeking permission to sell their wares to patrons other than patients. Dispensaries deemed to be in good standing with the state are expected to receive the first temporary licenses July 1, at which point they’ll be legally allowed to serve medical and recreational weed customers alike.

Temporary retail licenses will expire January 2018, giving the state several months to study the immediate impact of legalizing marijuana before finalizing the framework for its voter-approved recreational weed program.

Indeed, politicians have said they expect retail weed will do wonders for Nevada’s coffers, provided of course its recreational pot program gets off the ground without a hitch. Gov. Brian Sandoval said he intends for recreational marijuana to rake in $70 million within its first two years, the likes of which may not be easily achievable unless some pot shops are given a head-start.

“If we don’t adopt the regulations, we will not have a temporary program. If we don’t have a temporary program, we will not have the revenue that’s included in the governor’s budget,” Deonne Contine, the director of the state Department of Taxation, told the Las Vegas Review-Journal.

Prop 64 Legal Weed in California: VICE News Tonight on HBO (Full Segment)

On Election Day, voters in 4 states legalized marijuana for recreational use. California was one of those states.

Medical marijuana was already legal in The Golden State, but the passage of Proposition 64 means the state is now poised to become the world’s largest legal weed marketplace.

Read: “The high stakes for legal weed on election day” – http://bit.ly/2g3jLmN

Read: “The election wrecked America’s underground weed economy” – http://bit.ly/2fDOD01

Read: “Trumps pick for attorney general has legal weed advocates freaking out” – http://bit.ly/2fhFvuq

Watch VICE News Tonight weeknights at 7:30 on HBO.

Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News

Check out VICE News for more: http://vicenews.com

Follow VICE News here:
Facebook: https://www.facebook.com/vicenews
Twitter: https://twitter.com/vicenews
Tumblr: http://vicenews.tumblr.com/
Instagram: http://instagram.com/vicenews
More videos from the VICE network: https://www.fb.com/vicevideo

Legal Weed Is Hurting Beer Sales

It would appear that citizens of states with legal marijuana are switching out their beers for joints: A study from research firm Cowen & Company into the beer industries of Washington, Oregon, and Colorado asserts that those states’ beer industries are “underperforming.”

Craft beer industry news site BrewBound has some of the report’s details. “Domestic brewers” (that is, Big Beer) have seen the largest drops, with so-called premium brews (Coors Light, Bud Light) going down 4.4 percent in terms of the volume being sold. Economy brews (the regular, “non-fancy” forms of mainstream beers such as Budweiser or Coors) fell 2.4 percent.

Craft beer isn’t totally immune. The report suggests craft beer continues to grow in these three states (all of which are known for their robust microbrewing scenes), but those smaller breweries aren’t doing as well as their peers in other parts of the nation. However, the U.S. craft brewing scene was already slowing down, so that’s not entirely the fault of cannabis.

The epicenter of this trading-beer-for-weed phenomenon has been Denver, where beer volumes dropped by 6.4 percent Strangely, the report notes that import beers are relatively unaffected, indicating that lighting up a joint and drinking a Corona may be a more popular pastime.

Since only three states were studied this perhaps isn’t the most definitive look into the trend — but as marijuana goes on sale in several more states in the near future, there will be plenty of opportunities to see what legal weed might do to the beer industry.

sourced from – http://www.eater.com/2016/12/5/13847656/legal-pot-beer-sales-down