Nevada Temporary Licensing Guide
May 16, 2017
The Nevada State Tax Commission approved a measure last week that would allow medical cannabis dispensaries to begin recreational sales on July 1st by a count of 6-1. With a medical program already in place, there’s a lot that must be done in order to make this happen. So what do medical license holders need to do in order to start recreational sales on July 1st? Here’s a quick guide on what you need to know.
The Department is accepting marijuana license applications from May 15 – May 31. Don’t delay!!
- Must be an existing Nevada Medical Marijuana establishment with an active registration certificate
- Must be in “good standing” as defined by marijuana regulation T002-17, including but not limited to:
- All licenses, certificates, and fees are current and paid
- No registration certificate suspension for enforcement violations since January 1, 2017
- No citations for illegal activity or criminal conduct
- Plans of correction are complete and on time, or are in progress
- Must have filed a medical marijuana tax return and paid the tax on or before May 31, 2017
Existing establishments may only apply for the same license type that they currently hold registration certificates for, and only for the same number of those license(s). Applications can be found here.
- Persons holding a liquor wholesaler dealer license pursuant to NRS 369 (“person” has the meaning ascribed to it in NRS 0.039)
- Medical Marijuana Establishments that meet the criteria listed above
- Those who are currently in the business of transporting medical marijuana and whose employees hold valid agent cards pursuant to NRS 453A.332
- After the application deadline, the Department will make a sufficiency determination regarding distributor licenses.
What fees are associated with temporary licensing?
Completed applications can be brought to any Taxation office and must include:
- $5,000 (non-refundable) application fee, and
- The amount for the license fee:
- $20,000 for Retail Store
- $30,000 for Cultivation
- $10,000 for Production
- $15,000 for Testing Lab
- $15,000 for Distribution
Should your application be denied, the license fee will be refunded; application fees are non-refundable. You can find the temporary license application below. While it’s still unclear, it’s expected that applicants awarded a temporary license will have to re-apply for a full-time business license once the state opens the application window, however, they would likely be given licensing priority over other applicants. For more information, contact the Nevada Department of Taxation at (866) 962-3707.
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