Just one week after legalizing recreational marijuana, Nevada’s supply has already run out!
That’s right, more people want pot than Nevada’s distributors can keep up with. The problem is that stores must apply for a cannabis distribution license (just like a liquor license) — but so far only 47 have been granted.
Now that the state’s governor has declared a state of emergency, it sounds like they’re trying to rush more licenses through processing to keep up with demand.
The Nevada Tax Commission said in a statement on Tuesday that it will consider emergency regulations to provide a structure for marijuana distribution to retailers, and would allow liquor wholesalers to get involved in the weed world:
“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. Some establishments report the need for delivery within the next several days.”
“The business owners in this industry have invested hundreds of millions of dollars to build facilities across the state. They have hired and trained thousands of additional employees to meet the demands of the market. Unless the issue with distributor licensing is resolved quickly, the inability to deliver product to retail stores will result in many of these people losing their jobs and will bring this nascent market to a grinding halt. A halt in this market will lead to a hole in the state’s school budget.”
Keep in mind, sales just began on July 1 and this is already a problem!
Better figure something out quick, or those are going to be some pretty sad stoners! LOLz!