A state of emergency has been declared in Nevada due to a dwindling supply of marijuana.
Legal marijuana sales began in Nevada just 10 days ago, but the state is already running low on the plant. This has led to the Department of Taxation to declare a state of emergency, a declaration that has now been endorsed by Governor Brian Sandoval.
“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,” says department spokeswoman Stephanie Klapstein. “Some establishments report the need for delivery within the next several days.”
According to Klapstein, the department is continuing “to work with the liquor wholesalers who have applied for distribution licenses, but most don’t yet meet the requirements that would allow us to license them”, in order to speed up the process. ‘Even as we attempted to schedule the final facility inspection for one of the applicants this week, they told us their facility was not ready and declined the inspection. As of mid-day Friday, not one distribution license has been issued”.
According to estimates from the Nevada Dispensary Association, there was roughly $3 million in legal marijuana sold in the first few days of sales, resulting in around $1 million in taxes for the state.