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What will marijuana reclassification mean financially for Nevada?

In Nevada, the first recreational marijuana dispensaries opened in July 2017. The budding business boomed and now there are 698 operational licenses across the state. However, it hasn't been the financial windfall the cannabis industry was expecting.

Fake dispensaries pepper Las Vegas, but pot lounges are coming soon

On Fremont Street downtown or on the Strip, you might be confused because there are businesses that appear to be cannabis dispensaries. The fact is, real dispensaries are illegal near casinos.

Quirks of cannabis tax formula mean heavy burden for Nevada cultivators as prices drop

In Reno cultivator Sarah Rosenfeld’s recent experience, the top dollar a pound of marijuana bud or flower might fetch at wholesale prices is about $1,800 to $2,000, and that’s if it’s packaged and has a high concentration of the active ingredient THC. Something in bulk with less potency might be closer to $900.

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