Do I need a Cannabis Retail License to Open?
Yes. Medical marijuana use was legalized in 2001 with Assembly Bill 453. Recreational use was legalized on January 1, 2017 by voters on Question 2.
What are the Cannabis Regulatory Agencies?
How can I apply for a license in Nevada?
As of Feb 2021, licensing for cannabis businesses in Nevada is closed. The Department of Taxation recommends signing up for updates on their website.
How much does a dispensary license cost?
The application fee is $5,000 for the application fee. The initial license fee upon acceptance is $20,000. The yearly renewal fee is $6,600.
Will I need to get local authorization to get a license?
It depends. For instance, Las Vegas has its own regulations for cannabis businesses including a valid special use permit.
What are the customer age requirements for Nevada?
Adult-use customers must be 21 or older to buy and possess cannabis. Medical marijuana patients can be as young as 10 years old with special stipulations.
What time can I open and close my dispensary?
There are no restrictions, so some dispensaries operate 24-hours a day in Las Vegas.
Who do I report to for state compliance?
Nevada cannabis retailers are required to track and report to the state through Metrc.
Are there daily purchase limits on cannabis?
For medical: patients may purchase no more than 2.5 ounces over the course of a two week period. For recreational: up to one ounce of flower or ⅛ ounce of concentrate.
How do I keep my dispensary compliant?
Keeping your dispensary compliant starts with implementing a POS system that can automate state reporting. Keeping track of inventory, enforcing purchase limits, and making sure your customers are of legal age is imperative to maintaining compliance.
Can I start a delivery service in Nevada?
No. Only licensed dispensaries are able to apply for cannabis delivery.