Nevada marijuana supply running low, state of emergency declared, governor says
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FOX NEWS - Nevada state officials declared a state of emergency after stores that sell recreational marijuana reported that their supply is running out just less than two weeks after the drug went on sale legally.
Gov. Brian Sandoval, R-Nev., issued the state of emergency on Friday, which will allow state officials to decide on new rules that could ease the shortage of marijuana, according to Fox 13 Now.
Nevada’s Department of Taxation released a statement that said it will contemplate emergency regulations that would permit liquor wholesalers to cash in on the marijuana sales.
“Based on reports of adult-use marijuana sales already far exceeding the industry’s expectations at the state’s 47 licensed retail marijuana stores and the reality that many stores are running out of inventory, the Department must address the lack of distributors immediately,” the Department of Taxation said in a statement. “Some establishments report the need for delivery within the next several days.”
In November, after the law legalizing marijuana in Nevada was passed, liquor distributors were promised that they would have the sole rights of moving the drug for 18 months, but the department said many distributors did not meet the requirements needed in order to be licensed.